Posted at 16:39h
in
News
by KMFSLLP
Goldman Sachs Group Inc
said on Monday it had injected more than $1.8 billion into two
of its money-market funds last week, updating a previously
disclosed figure of about $1 billion.
...
Posted at 16:27h
in
News
by KMFSLLP
Britain's banks are in a
"strong position" to further support an economy that will
rebound from the coronavirus epidemic, the Bank of England and
leading UK lenders said in a joint statement on Monday.
Posted at 16:24h
in
News
by KMFSLLP
The Swedish central bank
will offer 400 billion Swedish crowns ($38.8 billion) in loans
to banks to encourage them to increase their lending to
companies, as part of a previously announced package, it said on
Monday.
Posted at 16:19h
in
News
by KMFSLLP
Liquidity at a $2.2 billion
prime money-market fund run by Northern Trust Corp fell
below the 30% U.S. regulatory threshold twice last week,
reducing its buffer for quickly converting assets into cash to
meet investors' redemptions.
Posted at 15:56h
in
News
by KMFSLLP
Prices for Mexico's main
crude export plunged last week to 18-year lows, giving President
Andres Manuel Lopez Obrador the harsh choice between pursing his
nationalist energy agenda or taking unpopular steps to prevent
ratings agencies from downgrading the credit of national oil
company Pemex to junk.
...
Posted at 15:46h
in
News
by KMFSLLP
Delek Group's
credit rating was cut to "junk" on Monday, piling pressure on
its shares and bonds after the Israeli energy conglomerate
postponed fourth quarter results.
...
Posted at 15:40h
in
News
by KMFSLLP
Liquidity at a $2.2 billion
prime money-market fund run by Northern Trust Corp fell
below the 30% U.S. regulatory threshold twice last week, a sign
that its buffer for quickly converting assets into cash to meet
investors redemptions was wearing thin.
...
Posted at 15:39h
in
News
by KMFSLLP
Whitehall instructions encourage redeployment of staff to boost coronavirus fight
...
Posted at 15:37h
in
News
by KMFSLLP
U.S. corporate credit
investors on Monday welcomed the Federal Reserve's pledge to
backstop an unprecedented range of debt, bringing relief to a
market roiled by the coronavirus pandemic.
...
Posted at 15:36h
in
News
by KMFSLLP
U.S. Federal Reserve and
Trump administration officials over the last week have greased
corporate and bank financial markets, freed up half a trillion
dollars for central banks in other countries, and pledged to
keep major industries such as the airlines afloat.
...