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Why do banking crises occur?

Why did the U.S. banking crisis of 2007-2008 occur? Many accounts have chronicled the bad decisions and poor risk management at places like Lehmann Brothers, the now-vanished investment bank. Still, plenty of banks have vanished, ...

Empowering African farmers with data

With a couple billion more people estimated to join the global population in the next few decades, world food production could use an upgrade. Africa has a key role to play: Agriculture is Africa's biggest industry, but much ...

Study shows investors lose, insiders win when IPOs involve analysts

When equity analysts are more involved in a firm's initial public offering, investors who purchase stock based on these analysts' reports lose more than 3 percent of their investment, according to a new study from the University ...

Morgan Stanley says employee stole client data

An employee of Morgan Stanley's wealth management business stole information on about 350,000 clients and posted some of it on the Internet, the investment bank said Monday.

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