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Do not expect budget carrier to give up its position as the industry’s disrupter-in-chief entirely

Stocks have risen as lenders promised €120bn of dividends and buybacks this year

Rising losses and a wave of distressed asset sales look inevitable in Europe too

Record interest rates have sent a chill through the market

Banking federation is calling for a more consistent set of rules across the EU

Rising client interest has not yet converted to industry-wide product sales

Private equity groups operating in Europe paid staff more even as industry faced grim conditions

Federal authorities are proposing to reclassify marijuana as a less dangerous drug

Officials have warned the coming months of pay deals will be critical in determining when they can start easing interest rates