Graham Coxell, chief executive of Rowan Dartington, asks: if the US government has a debt pile approaching $15trn, who on earth is it in debt to, and what is the interest charge?
At the last published count, the US Treasury had debts of $14.7trn or, roughly, $42,000 per head of the population. This figure caused political deadlock in Congress last year when the Super-Committee...
Investors have largely avoided financials over the past 10 years, with the share prices of US and European banks having largely stood still relative to broader markets since 2007. But while banks won't return to their record valuations any time soon (and...
Steps already taken
Increasingly diverse sector
First of planned acquisitions
Feedback from first year