Morgan Stanley tells clients to short French and Belgian debt
The recommendations come as investors increasingly demand a premium to hold the debt of governments struggling with large deficits and rising debt burdens.
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More than 120 MEPs push to reopen frozen Russian assets debate
The letter was signed by 122 parliamentarians from six political groups, backs a late-August initiative by Poland, Sweden, the Netherlands and Spain.
Swiss bank creates stir by charging customers 3 per cent negative interest
Swiss bank Postfinance has shocked investors with news of a 3 per cent negative annual interest rate on certain types of deposits.
Why private equity danger is strangely reminiscent of 2008
If you remember the horrors of collateralised debt obligations (CDO) during the 2007-8 financial crisis, you are either a banker or one of the journalists who pounded…
EU admits post-Brexit London City jobs-loss forecast was way off the mark
The European Union has admitted that a doom-laden forecast of huge “City” job losses in London resulting from financial institutions moving their operations…