Retail: New Look debt swap is a sign of the times
“A jolt to the market could come from a well-known name in the retail sector facing difficulties. This could lead to a default which could impact the market. There are a large number of credit funds in, for example, New...
Banco Santander: Not the Italian’s Job
It seems scarcely believable that a world-leading bank should be able to botch an appointment of such importance as its own chief executive. Andrea Orcel However, that is exactly what Santander has done with its announcement on Tuesday night that...
Overbond applies machine learning and AI analytics to assess bond market liquidity
June brings the deadline for US asset managers to comply with SEC rules first proposed in 2017 – and amended in 2018 – to implement and disclose their liquidity risk-management programmes. The aim is to reduce the danger that customers...
2020: The year women will take Wall Street
January JPMorgan chief executive Jamie Dimon denies that he signed a contract to become head of Adam Neumann’s family office only days before the implosion of WeWork in late 2019. “I was just playing him along with a series of...
HSBC: In search of acceptable
The ousting of John Flint as HSBC’s chief executive in August was always likely to presage a more intense focus on the performance of the firm’s global banking and markets division. Noel Quinn And, so it has proved with the...
Trustology tries to bring security to crypto investing
As entrepreneurs seek to improve institutional-grade custody and security for trading in crypto assets, conventional financial market participants remain suspicious. NOTE: Do you want to trade at forex professionally? trade with the help of our forex robot developed by our...
China’s risk score flounders on trade, debt and demographics
Euromoney’s latest quarterly country risk survey shows China’s total risk score slipping, adding to a longer-term deteriorating trend. Down one place this year in the global risk rankings, China is now 43rd out of 186 countries, sandwiched between Italy and...
Brazil’s central bank aims to stimulate competition through open banking
The push to lower interest rates, begun under previous central bank president Ilan Goldfajn (left), is to continue under new president Roberto Campos Neto The Brazilian central bank is making good on its push to increase competition in the country’s...
FX: The complexities of commodity-linked currencies
Higher commodity prices are generally good news for the likes of the Canadian dollar, Russian rouble and Australian dollar, but other factors – most notably central bank monetary policy – have weighed on the strength of these currencies during the...
MSCI China reweighting a big deal – but not that big
“Emerging markets may never be the same.” Say what you like about MSCI, but the index provider clearly believes in its own importance. Those words form part of MSCI’s announcement on Friday that it will increase the weight of Chinese...