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Swiss Finance Minister flags legal risks to winding up global banks
MSN News· 4 days agoZURICH (Reuters) - International financial authorities must give consideration to legal risks...
Swiss financial regulator wants to be able to name and shame banks
Reuters via Yahoo Finance· 5 days agoSwiss financial regulator FINMA wants to be able to name and shame banks which breach its rules,...
Great Bank Asset Sale Is a Boon for Bond Market: Credit Weekly
Bloomberg via Yahoo Finance· 4 hours ago(Bloomberg) -- Banks are dumping assets and many of them are turning to a booming sector of the bond...
ECB and Canada cut rates as easing among big economies gets going
Reuters· 2 days agoInterest rate cuts from the European Central Bank and Bank of Canada this week mean monetary easing...
Bondholders Sue Switzerland in US Over Credit Suisse AT1s
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- A group of investors in Credit Suisse Group AG bonds that got wiped out when UBS...
Bank of Canada’s Pivot Opens Path for Others to Diverge From Fed
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- Bank of Canada Governor Tiff Macklem led the Group of Seven in lowering interest...
Stock investors scout out Europe’s rate-cut winners
KFGO· 2 days agoBy Danilo Masoni, Samuel Indyk and Lucy Raitano MILAN/LONDON (Reuters) - Investors in European equities are stepping up their search for stocks that are likely to benefit from lower borrowing ...
Non-Farm Payrolls Mislead: The Labor Market Is Weakening; Inflation Is Falling
Forbes· 2 days agoThe big economic news of the week was the +272K rise in Non-Farm Payrolls (NFP) (released on Friday, June 7). Another data point upsetting markets (and likely the Fed) was ...
El-Erian Says Strong Jobs Data Closes Door on July Fed Rate Cut
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Stronger-than-expected US May jobs data closes the door on a July Federal Reserve...
US dollar drifts higher from multi-month lows; yen gains
Reuters via Yahoo Finance· 5 days agoBOJ Deputy Governor Ryozo Himino said on Tuesday the central bank must be "very vigilant" to the...