Deutsche Bank lost $1.6 billion on a trade gone bad involving Warren Buffett

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Deutsche Bank lost $1.6 billion on a trade gone bad involving Warren Buffett

Deutsche Bank lost $1.6 billion on an investment in a portfolio of municipal bonds and related derivatives, according to the Wall Street Journal.
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Oil marks highest finish since November, with US prices up 6 sessions in a row

Oil futures marked their highest finish in three months on Wednesday, with U.S. benchmark prices extending their streak of gains to a sixth consecutive session, as signs of tighter global crude supplies outweigh pressure from a continued rise in U.S.
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The Tables Are Turning on Emerging Markets

Lerner has found that more than 90 percent were above the threshold Friday for the first time since March 2016 based on data compiled by Bloomberg
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13F Filings Flashing Yellow – Is Buffett Now A Gunslinger?

Quarterly, I read couple of dozen 13F portfolio filings, particularly focused on high metabolic wannabe overachievers. You never know where to pick up a good stock to research or even go against the grain.
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What Is IFRS 9 And Why Is It Mentioned In The Latest Monetary Policy

Is fully known as International Financial Reporting Standard (IFRS) 9 and was introduced to the world by the International Accounting Standards Board
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