Latest market news

• Morgan Stanley moves senior banker to target US NPL business

  

  Morgan Stanley has transferred one of its senior structured finance bankers to New York as part of an initiative to win more business from US financial institutions looking to shift problematic consumer loans off balance sheet.

  • 18 Sep 2018

• Swiss regulator takes Credit Suisse to task on money laundering

  

  The Swiss markets regulator FINMA has reprimanded Credit Suisse over a lack of proper anti-money laundering controls and insufficient supervision of a staff member who conducted business with politically exposed people.

  • 17 Sep 2018

• Indian government lays out plans to shore up rupee

  

  The Indian government has put in place new initiatives to attract capital and curb the country’s expanding deficit, including by easing fundraising through overseas bonds and loans, which market watchers say are small but important steps.

  • 17 Sep 2018

• The week in renminbi: Trump spoils trade talk chances, Stock Connect investor ID postponed, FTSE Russell decides on A-shares soon

  

  US president Donald Trump takes to Twitter to clarify trade deal with China is not imminent, likely delaying planned trade talks, Hong Kong Exchanges and Clearing defers Stock Connect investor ID due to super typhoon, and index provider FTSE Russell will announce its A-shares decision on September 26.

  • 17 Sep 2018

• China markets round-up: Oil futures gain traction, FTSE Russell close to A-shares index decision, SGX CNH futures volumes reach new high

  

  In this markets round-up, international crude oil futures gain traction with global investors, index provider FTSE Russell will announce its decision on A-shares soon, and the Singapore Exchange (SGX) saw surging volumes of CNH futures contracts in August.

  • 14 Sep 2018

• September 15, 2008: the day markets changed

  

  Traders, bankers, lawyers, brokers tell their stories of what happened when Lehman Brothers went down, how it ruined some businesses and created room for others, and how it has changed financial markets — for better and worse.

  • 13 Sep 2018

• Nasdaq must come clean

  

  A Norwegian trader lost millions on Wednesday in a bad bet on the German and Nordic power markets, putting other members of Nasdaq Clearing on the hook for €107m in losses. The clearing house withstood the test to its capital buffers, but Nasdaq must be clear about what went wrong and what steps need to be taken to maintain confidence in its systems.

  • 13 Sep 2018

• Heat builds in US middle market as regulators loosen restraints

  

  Billions of dollars are flowing into direct lending funds targeting US corporate loans to small and medium sized companies, despite signs of weakening underwriting. Unshackling leverage constraints on business development companies and reopening the CLO market to them after a two year absence may further overheat the market, say critics.

  • 13 Sep 2018

• ‘Have you forgotten your brothers?’

  

  Those at Lehman Brothers on Monday, September 15, 2008 will remember the moment the lines between the London and New York offices went dead.

  • 13 Sep 2018

• ECB softens on Brexit risk modelling

  

  The European Central Bank (ECB) has changed its tune on whether to permit back-to-back risk transfers after Brexit. This could allow financial service firms doing business in Europe to continue booking risk back to a central marketplace hub in London.

  • 13 Sep 2018

Market news archive