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» JPMorgan Chase: Dimon in the rough

A BIG but digestible mistake by a financial institution with abundant profits and capital should ...

» Short-selling litigation: An enligh...

A RARE slip-up by lawyers has helped shed some light on a high-profile legal battle, the details ...

» Correction: Free exchange

The programme in West Bengal evaluated by Esther Duflo (Free Exchange, May 12th 2012) was impleme...

» Free exchange: Surf’s up

IN 1900 America had around 500 carmakers; by 1908 it had 200. In 1960 Britain had 16 banks; ten years later it had just six. In both cases, this rapid consolidation came about because of a flurry of mergers. From soft drinks to steelworks, plenty of other industries have seen similar patterns. Mergers happen in waves, so the number of firms coll...

» Japanese banks in Asia: Lending a h...

THERE are two, potentially overlapping, ways in which Asia’s export-driven economies...

» Accounting in China: Internal contr...

THE big global accounting firms are not having an easy time of it in China. They hav...

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