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...
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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...
Morning Bid: World markets calm after Russia drama
A look at the day ahead in U.S. and global markets from Mike Dolan.More perplexed by events than anything else,...
AMERICAS Dogged central banks rein in risk
A look at the day ahead in U.S. and global markets from Mike DolanEven if investors sense light at the...
Troubled UK lender Amigo agrees for shareholder to seek financing options
June 9 (Reuters) - Troubled British subprime lender Amigo Holdings (AMGO.L) said on Friday it had granted shareholder Michael Fleming...
Default wave imminent, will peak in 2024- Deutsche Bank
Deutsche Bank building before the bank's annual news conference in Frankfurt, Germany, February 2, 2018. REUTERS/Ralph OrlowskiLONDON, May 31 (Reuters)...
