Buying shares when they look cheap in the hope they’ll be worth more later may seem like one of the most basic tenets of investing. But this strategy, known as value investing, isn’t the only way to make money – and for several years it certainly hasn’t been the most …

Deutsche Bank approached Goldman Sachs international chief Richard Gnodde to ask if he would be interested in taking the helm of the German lender, but the executive turned it down, according to a source close to him.

As investors we’re constantly told that ‘markets can go up as well as down’. But if you’ve forgotten the last part, it’s probably because 2017 was a year of almost all up and very little down. Not only did most stock markets hit new record highs, they did so with …