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JPMorgan raises $1.6 billion

JPMorgan Chase was able to raise $1.6 billion to buttress its balance sheet, but the money did not come cheap. The preferred debt issue... Read more...

SPOTLIGHT: SWFs

New Dealogic data show that investments by sovereign wealth funds hit $25 billion in the first quarter, compared with $3.9 billion last year. SWFs accounted for about half the global volume of... Read more...