Posted at 18:22h
in
News
by KMFSLLP
EJF Capital LLC, the
multibillion-dollar credit-focused investment firm, is asking
clients for a loan to avoid additional losses in one of its
private funds, according to a recent company letter seen by
Reuters.
...
Posted at 18:14h
in
News
by KMFSLLP
Labour’s new leader treads careful path between centrists and radical socialists
...
Posted at 17:57h
in
News
by KMFSLLP
A federal judge in Manhattan
rejected an effort by U.S. President Donald Trump and his adult
children to send a lawsuit accusing them of exploiting their
family name to promote a marketing scam into arbitration.
Posted at 17:46h
in
News
by KMFSLLP
The U.S. Securities and
Exchange Commission said on Thursday it had settled with two
traders who allegedly profited from hacking into its EDGAR
electronic filing system by stealing files containing non-public
earnings results and then trading on the information before it
was made public.
Posted at 17:42h
in
News
by KMFSLLP
The U.S. Federal Reserve
responded fast to the coronavirus crisis with open-ended
programs to keep financial markets running and ensure major
companies could raise cash as they usually do through large
capital markets.
...
Posted at 17:42h
in
News
by KMFSLLP
Uzbek President Shavkat
Mirziyoyev ordered the central bank on Thursday to provide 30
trillion sum ($3.1 billion) to banks to support local producers'
working capital, his office said.
...
Posted at 17:36h
in
News
by KMFSLLP
Morgan Stanley Chief Executive
Officer James Gorman was diagnosed as being infected by the
novel coronavirus after first experiencing symptoms nearly a
month ago and has fully recovered, according to a video that was
sent to the bank's employees on Thursday.
...
Posted at 17:33h
in
News
by KMFSLLP
Prices on U.S. high-yield bond
exchange-traded funds and individual junk-rated issues like Ford
Motor Co and Occidental Petroleum Corp soared on
Thursday after the Federal Reserve announced it would expand its
corporate bond-buying program to include some speculative-grade
debt.
Posted at 17:19h
in
News
by KMFSLLP
Undeterred by a
coronavirus diagnosis the day he was due to wed and curbs on
gatherings that halted the ceremony, a South African has
exchanged marriage vows with his bride in their backyard at a
makeshift altar he built in his garage.
Posted at 17:11h
in
News
by KMFSLLP
The Federal Reserve has moved into
overdrive to try to keep the U.S. economy from suffering lasting
damage from the coronavirus pandemic, announcing an emergency
interest rate cut on March 3 and rolling out new efforts almost
weekly since, including slashing rates to zero and relaunching
large-scale asset purchases.