Corporate Debt

S&P sees Turkish banks’ bad loans doubling in next 12-18 months

S&P sees Turkish banks’ bad loans doubling in next 12-18 months

Published 03/12/2018

LONDON (Reuters) - Rating agency S&P Global expects the amount of bad loans on Turkish banks’ books to double over the next 12-18 months and [more…]

GSK slides after buying cancer firm Tesaro for hefty $5.1 billion

GSK slides after buying cancer firm Tesaro for hefty $5.1 billion

Published 03/12/2018

LONDON (Reuters) - GlaxoSmithKline has agreed to buy U.S. cancer specialist Tesaro for $5.1 billion, a costly investment to rebuild the pharmaceuticals business by new [more…]

U.S. mutual fund sales signal retail investor caution

U.S. mutual fund sales signal retail investor caution

Published 29/11/2018

NEW YORK (Reuters) - U.S. mutual fund investors pulled $13.7 billion from stocks and bonds during the latest week, according to data released on Thursday [more…]

EU says banks could have more time to build buffers after Brexit

EU says banks could have more time to build buffers after Brexit

Published 15/11/2018

BRUSSELS (Reuters) - Euro zone banks which issued large amounts of loss-absorbing debt under English law could have more time to meet requirements after Britain [more…]

PG&E shares and bonds plunge as California wildfire risks mount

PG&E shares and bonds plunge as California wildfire risks mount

Published 15/11/2018

(Reuters) - PG&E Corp (PCG.N), the electricity provider in the northern California region ravaged by a deadly wildfire, warned that it could face “significant liability” [more…]

Almost two-thirds of world stocks in bear territory but $8.5…

Almost two-thirds of world stocks in bear territory but $8.5…

Published 26/10/2018

LONDON (Reuters) - With 63 percent of MSCI’s global index now in a “bear” market, world stocks look oversold but global equity funds nevertheless attracted [more…]

U.S. fund investors add stock exposure during volatile week: Lipper

U.S. fund investors add stock exposure during volatile week: Lipper

Published 25/10/2018

(Reuters) - U.S. fund investors snapped up shares of stock funds during the latest week despite wild trading, adding $4.2 billion to the products, according [more…]

ISS says renegotiating Dell tracking stock offer would be best option

ISS says renegotiating Dell tracking stock offer would be best option

Published 05/10/2018

(Reuters) - Shareholder advisory firm Institutional Shareholder Services Inc (ISS) said on Friday that Dell Technologies Inc should renegotiate an offer to acquire a tracking [more…]

BNP Paribas Asset Management goes short U.S. tech stocks

BNP Paribas Asset Management goes short U.S. tech stocks

Published 05/10/2018

LONDON (Reuters) - BNP Paribas Asset Management is shifting its exposure across U.S. equities away from banks and positioning for a decline in technology stocks, [more…]

Wells Fargo planning its first post-crisis mortgage bond: Bloomberg

Wells Fargo planning its first post-crisis mortgage bond: Bloomberg

Published 05/10/2018

(Reuters) - Wells Fargo & Co (WFC.N) is planning its first post-crisis offering of bonds tied to U.S. home loans without government backing, Bloomberg reported [more…]