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Spending is up, but concern is growing over credit quality and profitability
Veteran banker is popular with investors and seen as a potential political candidate
Wall Street rebuilds operations under Trump’s lighter-touch regulatory regime
Bank gains permission to hold on to $6.2bn of illiquid assets
Record amounts of capital and liquidity help stateside lenders weather sector stress
Rates decision prompts switch of cash into longer-term assets
JPMorgan and Wells aided by cost cuts and better housing market
Online store will cater to raft of hardware and gadget start-ups
Late-stage private companies have not endured the scrutiny of the IPO process, writes Bill Gurley
Design retailer to launch bricks-and-mortar stores
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