UK bank bonuses face 10% cut amid Brexit and Trump - IndependentBankers in the UK are likely to their see bonuses suffer an aggregate decline of 10% to 25% amid worries over “Brexit” and US President-elect Donald Trump ‘s trade policies, according to PwC’s Jon Terry.

Emerging-Market outflows hit seven-year high - FTInvestors withdrew $38.4bn from emerging market stock and debt portfolios over the three months ended December, marking the highest outflow in seven years, according to JP Morgan Asset Management.