Watchdog with teeth can help EU hunt unicorns
BRUSSELS, July 11 (Reuters Breakingviews) - Europe wants to keep its home-grown innovators from going abroad in search of new...
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Morning Bid: Bruised bonds relying on disinflation
A look at the day ahead in U.S. and global markets from Mike DolanLast week's bond market storm calmed somewhat...
ECB backs draft EU rules for winding down smaller banks
FRANKFURT, July 6 (Reuters) - The European Central Bank on Thursday backed proposed new EU rules for closing down smaller...
Analysis: Why a $1.5 trillion source of corporate financing is choking on higher rates
CLO issuance down 41% in H1 vs same time last yearFunding lifeline for junk-rated borrowers shrinkingInvestors demand higher premiumLONDON, July 5 (Reuters) - A financial stream that helped fund the world's riskiest companies and grew into a market estimated at $1.5 trillion in the low interest rate years is drying up, as aggressive rate hikes bring tougher borrowing conditions and uncertainty.The pace of issuance of so-called collateralised loan obligations (CLOs), which bundle loans of the weakest corporates and repackage them as bonds, has stalled.Specialist asset managers minted CLOs worth more...
Morning Bid: Second-half lift, Tesla beat
A look at the day ahead in U.S. and global markets from Mike DolanA holiday-staggered week for U.S. markets looks...
UK regulator bans adviser over poor British Steel pension advice
LONDON, June 28 (Reuters) - The Financial Conduct Authority (FCA) has banned a pension adviser from holding senior management positions...
Morning Bid: G4 central bankers speak, chips wars rumble
A look at the day ahead in U.S. and global markets from Mike DolanEyeing another slew of impressive U.S. economic...
U.S. debt investors as climate-focused as European peers, survey finds
LONDON, June 27 (Reuters) - U.S. asset managers factor greenhouse gas emissions and other climate risks into their debt investment...
UK banks are appropriate airbag for mortgage crash
LONDON, June 27 (Reuters Breakingviews) - Banks are getting dragged back into the political spotlight. UK finance minister Jeremy Hunt...
Japan-backed fund to buy chip materials maker JSR for $6.4 bln
Japan govt aims to boost chip industry competitivenessPeers jump on expectation of sector consolidationTOKYO, June 26 (Reuters) - Japan stepped...
