US private equity group Madison Dearborn Partners has increased the size of its latest fund by 30% to $6.5bn (€5.4bn) following strong demand from new investors.

Oliver Smiddy

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Carney said the 90-day pause, and Trump’s pledge to negotiate new trading arrangements with dozens of countries, “will likely result in a fundamental restructuring of the global trading system.”

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The BOE said that further sharp falls in asset prices are likely.

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Madison Dearborn ups target by $1.5bn

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