Bloomberg The dollar rises to another record after the White House talked down the prospect of weakening the currency, while UK bonds surged after the Bank of England (BOE) said it would carry out temporary purchases of long-dated government bonds to help restore order to the market. US futures were mixed, while European stocks dropped for a fifth day as …

  Bloomberg Investors are abandoning European stocks at levels last seen during the euro zone debt crisis, according to Citigroup Inc. strategists, adding that this could represent a contrarian signal to buy. European equity funds are on track for eight straight months of outflows totalling $98 billion, or 6% of assets under management, the bank said in a note citing …

  Bloomberg Credit Suisse Group AG said it’s working on possible asset and business sales as it seeks ways to drive down costs and restore profitability under a strategic plan to be announced next month. While Credit Suisse didn’t give details on divestments, Bloomberg reported that executives are weighing the sale of its Latin American wealth management operations excluding Brazil. …