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Toronto is the place to get paid
While bankers in London and New York watch their bonuses dry up, Bay Street – led by RBC and National Bank of Canada – enjoyed a 7.5 percent bump in awards
No resistance from Britain over Nexen-CNOOC deal
Britain will not contest CNOOC's $15.1-billion takeover of Nexen, helping to smooth the way for the Chinese SOE to acquire Nexen's stake in a major North Sea field that helps set the Brent global oil benchmark.
3 arrested in rate-rigging inquiry
British authorities have arrested three men in connection with a rate-rigging investigation that has ensnared some of the world's largest banks.
Delta grabs 49% Stake in Virgin Atlantic
Delta Air Lines has moved into the lucrative London to New York market, agreeing to buy a 49 per cent stake in Virgin Atlantic from Singapore Airlines for $360-million (U.S.).
Groupon becoming less attractive by the day
Even at half the price Google Inc. bid two years ago, Groupon Inc. is no deal for potential buyers.
Hedge funds are pulling out of equities
Hedge funds are reducing exposure to equities as the industry tries to adapt to the increasingly competitive investment landscape.
Ingersoll-Rand moves to placate activist investor
Ingersoll-Rand plans to announce a number of measures aimed in part at appeasing the activist investor Nelson Peltz, including a spinoff of its security business, according to the New York Times.
The 5 worst trades of 2012
Try and guess them before reading the article.