Nov 29 (Reuters) – In recent weeks top U.S. officials have raised concerns over a hedge fund trade that profits from tiny price differences in Treasuries, worried it could present a risk to financial stability. No one knows, though, how big that trade really is. Researchers from the U.S. Federal …
Read More »Holy Trinity for 2024 markets that requires some faith: Mike Dolan
LONDON, Nov 29 (Reuters) – With a rosy picture of stock and bond gains next year now the running consensus, forecasters are managing an impressive leap of faith over three main assumptions – soft economic landings, hefty interest rate cuts and above-target inflation. Too good to be true? Soft landings …
Read More »US commercial mortgage distress rises in November on office woes -KBRA
The Helmsley Building is lit in rainbow color ahead of the 50th anniversary of the Stonewall riot, in New York, U.S., June 24, 2019. REUTERS/Gabriela Bhaskar/File Photo Acquire Licensing Rights Nov 28 (Reuters) – Late payments on U.S. commercial property loans rose in November, driven by growing distress among office …
Read More »Bank of America pays $12 mln fine for misreporting mortgage data
A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri/File Photo Acquire Licensing Rights Nov 28 (Reuters) – Bank of America (BAC.N) agreed to pay a $12 million fine to settle U.S. regulatory charges it routinely submitted …
Read More »Morning Bid: China’s Shein steals market spotlight
A woman leaves a pop-up store of Chinese fast-fashion retailer Shein in Paris, France, May 5, 2023. REUTERS/Johanna Geron/File Photo Acquire Licensing Rights A look at the day ahead in European and global markets from Ankur Banerjee Asian markets kept up their November rally and the dollar dipped to three-month …
Read More »Morning Bid: Markets drift but hoping for low vol bounce
A man looks at an electric monitor displaying the Japanese yen exchange rate against the U.S. dollar and Nikkei share average outside a brokerage in Tokyo, Japan October 4, 2023. REUTERS/Issei Kato/File Photo Acquire Licensing Rights Nov 28 (Reuters) – A look at the day ahead in Asian markets. Asian …
Read More »Barclays in talks to buy Metro Bank’s mortgage book worth $3.74 bln – Sky News
A view shows signage on a branch of Barclays Bank in London, Britain, March 17, 2023. REUTERS/Peter Nicholls/File Photo Acquire Licensing Rights Nov 27 (Reuters) – Britain’s Barclays (BARC.L) is in exclusive talks to buy embattled lender Metro Bank’s (MTRO.L) 3 billion pound ($3.74 billion) residential mortgages portfolio, Sky News …
Read More »Russian central bank to resume domestic FX market interventions from January
A Russian state flag flies over the Central Bank headquarters in Moscow, Russia, August 15, 2023. A sign reads: “Bank of Russia”. REUTERS/Shamil Zhumatov/File Photo Acquire Licensing Rights This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Nov 27 (Reuters) – …
Read More »UK property portal Rightmove adds broker advice to its mortgage business
Rightmove logo is seen displayed in this illustration taken April 10 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Nov 27 (Reuters) – The UK’s largest property portal Rightmove (RMV.L) is expanding its mortgage business to offer broker advice to home buyers via its website and targets 25 million pounds ($31.2 …
Read More »Morning Bid: Markets turn risk-averse after bumper month
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 13, 2023. REUTERS/Staff Acquire Licensing Rights A look at the day ahead in European and global markets from Wayne Cole. Asia started Monday in hesitant fashion and has turned steadily grimmer, although there …
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