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Outlook First Standard Chartered, then Experian, and now Sainsbury’s. It’s shaping up to be a year of boardroom upheaval, and it’s still only January. Who next? Well, a little bird tells me Schroders’ veteran chief executive Michael Dobson has sounded out confidants in the City about the idea of him becoming chairman of this granddaddy of fund managers, succeeding 69-year-old Andrew Beeson.

The Mishneh Torah on display at Sotheby's in New York,

550-year-old Jewish holy book Mishneh Torah - which was expected to make $5m at auction - bought by museums in New York and Jerusalem

Collection of Jewish artefacts being sold off by hedge fund manager Michael Steinhardt

Strike threat as 3,000 UK staff at HSBC face cuts

HSBC could be hit by strikes across its UK business after it warned more than 3,000 staff their jobs could be axed in its latest cost-cutting drive.

$500m settlement for Countrywide

Countrywide Financial, the US mortgage giant rescued by Bank of America at the height of the credit crisis, has settled a mortgage-backed securities lawsuit with its investors, led by the Iowa Public Employees' Retirement System, for $500m (£328m).

The Business Matrix: Friday 12 April 2013

Jobless levels hit a record high

An American car worker: poor data on jobs hit US stocks yesterday

Fears over US economy return after slowdown in jobs market

Worries that spending cuts and higher taxes are hitting employment prospects

'The process is useless and let's hope Berlusconi leaves the Italians in peace': Radio hoax on political sage looks to have scuppered plan to end government deadlock

Valerio Onida was duped by Radio 24 into thinking he was talking in confidence to the famous scientist Margherita Hack

Japan tries ‘shock and awe’ to jump-start stalled economy

The Bank of Japan launched “shock and awe” tactics today to pull the world’s third-biggest economy of its deflationary spiral with a hugh expansion of its money printing programme.

Weak pound 'is boost for companies based in UK'

A weak pound benefits UK companies and boosts shares prices on the London Stock Exchange, it has been claimed.

Market Report: Sports Direct chiefs cash in their shares

Sports Direct International is famous for flogging large amounts of tracksuits and trainers, but yesterday its bosses were making a name for themselves with the sale of large chunks of shares. David Forsey, chief executive, and the finance chief, Robert Mellors, have sold all their shares ahead of next month's reward scheme which will see them receive 1 million new shares in the new financial year.

Satyajit Das: Is this the return of a golden age... or are we all just running scared?

Midweek View: An investment made in bullion in the 15th century would have lost 90 per cent of its value over the next 500 years

Julian Knight: Don't become a victim to investment fashion

Hundreds of thousands of investors will be making a key decision this week – where to invest this year's Individual Savings Account (ISA) money before the end of the tax year on 5 April.

Market Report: Cupid plunges after Ukraine allegations

The latest tiff in the rocky love affair between investors and Cupid sent its shares down more than 57 per cent after the niche dating sites specialist was forced to respond to an article published in Ukraine.

Eurozone companies such as BMW still have a global footprint

The Analyst: In Europe you must find the right manager to drive funds

It is rare for the longevity of a fund manager to present a limitation to investors’ returns. Take Tim Stevenson, the manager of Henderson EuroTrust plc, who has been at the helm of the fund for more than 20 years. Under his stewardship, investors will have found little reason to complain as Mr Stevenson boasts an impressive long-term performance record. Indeed, under his tenure, the investment trust has returned a remarkable 1,400 per cent since its launch in 1992.

Rajaratnam's brother charged with insider dealing

Prosecutors in New York have charged Rengan Rajaratnam, the brother of the convicted hedge fund manager Raj Rajaratnam, with conspiracy and securities fraud, accusing him of conspiring with his sibling in insider trading.

Budget 2013: Osborne, a part-time Chancellor, is just fiddling on the edges of the economy

The new Employment Allowance is a good idea, but most other proposals are either inconsequential or likely to be ineffective. And the overall picture is still grim

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