Credit and Corporate Debt

Europe claws higher after China enters bear territory

Europe claws higher after China enters bear territory

Published 26/06/2018

LONDON (Reuters) - Modest gains from Europe’s main bourses relieved nervy investors on Tuesday, after the latest escalation in an increasingly global trade storm pummeled [more…]

Banco BPM eyes bad-loan unit sale to speed up clean-up – sources

Banco BPM eyes bad-loan unit sale to speed up clean-up – sources

Published 04/06/2018

(This version of the story corrects end-March soured loan level to 20.5 percent (not 24.6 pct) in para. 10) MILAN (Reuters) - Italy’s third largest [more…]

Italian imbroglio splits hedge funds on bank bets

Italian imbroglio splits hedge funds on bank bets

Published 31/05/2018

LONDON (Reuters) - Hedge funds are split on how to position billions of dollars in bets they have taken on Italian banks as the country’s [more…]

Italian concerns knock stocks, euro off early highs

Italian concerns knock stocks, euro off early highs

Published 28/05/2018

LONDON (Reuters) - European stocks gave up early gains and bond yields recovered from lows as early elections loomed in Italy after the anti-establishment 5-Star [more…]

Kenya moves to regulate fintech-fuelled lending craze

Kenya moves to regulate fintech-fuelled lending craze

Published 26/05/2018

(This May 25 story corrects first name of Capital Markets Authority CEO to Paul, not Peter, paragraph 29) By Maggie Fick and Omar Mohammed NAIROBI [more…]

Stocks, oil and dollar rise as trade war put ‘on hold’

Stocks, oil and dollar rise as trade war put ‘on hold’

Published 21/05/2018

LONDON (Reuters) - Stocks, oil prices and the dollar were on the rise on Monday after the U.S.-China trade war was declared “on hold” while [more…]

Bank of America affirms gun pledge, hints at Remington loan exit

Bank of America affirms gun pledge, hints at Remington loan exit

Published 10/05/2018

WILMINGTON, Del. (Reuters) - Bank of America said on Thursday it was standing by its pledge to stop financing civilian assault weapons and suggested it [more…]

Euro zone banks continue to work off bad debt: ECB

Euro zone banks continue to work off bad debt: ECB

Published 30/04/2018

FRANKFURT (Reuters) - Euro zone banks continued to cut their pile of soured debt in the final quarter of last year, European Central Bank data [more…]

Euro zone lending picks up, money supply growth slows in March

Euro zone lending picks up, money supply growth slows in March

Published 30/04/2018

FRANKFURT (Reuters) - Lending to euro zone households and companies accelerated in March while a broader indicator of money circulating in the currency bloc, which [more…]

China’s Baidu to sell majority of financial services unit for $1.9…

China’s Baidu to sell majority of financial services unit for $1.9…

Published 30/04/2018

(Reuters) - China’s Baidu Inc said it will sell a majority stake in its financial services business for about $1.9 billion to a consortium led [more…]