Marijuana legalisation: blunt demand

US state finances may be about to receive a boost

Debenhams: bad execution, we hope

UK department store woes had better be the result of poor management

UK housebuilders: if you build it . . .

Buying in January is usually a good move, but looks riskier this year

Fiat: the Chrysler conundrum

Italian carmaker seals deal at a price that suits almost everyone

US banks and payouts: facts and theories

Caution does not look like a bad theory for payouts in 2014

European banks: a tale of two models

Investment banks have trailed their more narrowly focused rivals

Citigroup: work in progress

Much remains to be done for bank to catch up to its peers

Securitisation: Regulatory insecurity

Regulators can do more to fix the damage they caused this market

Bank regulation: Here we go again

2014 AQR must strike balance between vigilance and confidence

A patron speaks to an attendant at an Oi mobile phone store

Brazil telecoms: crossed lines

Consolidation will dictate the investment story in 2014