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Bank of England to lose rebel voice against Brexit consensus

  Bloomberg One of the Bank of England’s (BOE) most vocal dissenters is moving on, just as Brexit’s surprises make alternative views more valuable. Kristin Forbes is leaving at the end of June to return to MIT, depriving the nine-member Monetary Policy Committee of a voice that’s consistently pushed against consensus. The American, who some say could be a potential ...

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Goldman calls for patience to see commodity gains after rout

  Bloomberg Goldman Sachs Group Inc. isn’t letting the biggest commodities rout in eight months shake its confidence in raw materials. The bank is sticking to its view that tightening supplies will lead to higher prices later this year, maintaining its positive outlook on the sector, according to a report dated March 12. Investors should go or stay long on ...

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HSBC shares gain after bank names AIA’s Tucker as chairman

  Bloomberg HSBC Holdings Plc named insurance executive Mark Tucker to succeed Douglas Flint as chairman, enlisting an outsider to oversee Europe’s biggest bank as it overhauls management. Tucker, 59, chief executive officer of AIA Group Ltd. and former head of Prudential Plc, will take the post Oct. 1, the bank said in a statement on Monday. AIA Regional CEO ...

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