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Barclays bankers face pay cuts for paperwork blunder

  Bloomberg Barclays Plc said some of its bankers may face disciplinary action and pay cuts after the firm agreed to a $361 million penalty to settle US allegations that it failed to register billions of dollars-worth of securities offerings. The bank didn’t put in place a mechanism to track the sales as required by the Securities and Exchange Commission ...

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Fed pivot trade sparks again as bonds rally, dollar weakens

  Bloomberg Global bonds and stocks are rallying on hopes that the latest signs of weakness in the US economy will push the Federal Reserve to rethink the aggressive monetary policy tightening that some fear will trigger a recession. While the so-called Fed pivot has long been hoped for, it got another jolt this week with the release of weaker-than-expected ...

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Adani stock surge at risk of reversal

Bloomberg The stock rallies of Gautam Adani’s companies, which expanded his fortune at a pace that outran all other billionaires globally, is set for a reversal, according to a technical indicator that predicted previous slumps for more than a decade. TD Sequential, a widely followed DeMark technical indicator that forecast drops in Adani Enterprises Ltd. three times since 2009, suggests ...

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