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Former co-CEO of Pimco sees "enormous risk" in financial markets due to distortions caused by central bank policies.
Head of British Bankers Association says lenders can't wait until the last minute.
Company spending exceeds cash flow by a near-record amount, analyst notes.
But payouts are getting tougher to maintain amid slump in earnings.
Singh urges move to new benchmark for global rates.
Money fund reforms further compound problems of investor visibility, as traditionally reliable indicators misfire.
