Top Section/Ad
Top Section/Ad
Most recent
Syndicate and trading executives get wider responsibilities
More articles/Ad
More articles/Ad
More articles
-
The outlook for Italy continues to worsen, as both the coronavirus pandemic and financial markets rout deepened on Thursday. But essential services are functioning, in society and markets, and Italians are helping each other through the crisis, including with funding difficulties. By Jon Hay and Lewis McLellan -
JP Morgan appoints syndicate head for private markets — RBC loses M&A banker — Mizuho names sustainability head
-
The world’s largest economy is, among advanced societies, the least prepared to deal with containing the spread of Covid-19. This will have grave repercussions for the global economy.
-
Governments and central banks failed to prevent fear from taking hold of the capital markets this week, as Covid-19 reached pandemic status. European equity indices faced record falls on Thursday, before the Federal Reserve Bank of New York announced a $500bn repo operation to combat "highly unusual disruptions" in the US Treasury market. But it is far from clear if such extraordinary intervention will be enough to stop the panic.
-
EU supervisors plan to ease the regulatory pressures on banks during the Covid-19 pandemic, allowing them to temporarily breach capital and liquidity buffers to carry on lending to the real economy.
-
Spreads on bank bonds were sent shooting wider again on Thursday, caught up in further negative news around the Covid-19. But market participants are still unsure about how much of impact the pandemic will have on bank credit quality, with the sector already facing pressures over profitability.
