United Kingdom

Matt Scuffham

Investors in leveraged loans, seduced by strong returns, ignore concerns

01 May 2019

BEVERLY HILLS, Calif, May 1 Bankers and investors who use leveraged loans to fuel deals were bullish on the market's prospects at a conference this week, shrugging off concerns that lax underwriting or rapid growth poses a threat to the financial system.

For investors, bloom is off Europe amid Brexit and yellow vest worries

01 May 2019

BEVERLY HILLS Europe, long a major destination of investor capital, is losing lustre, say prominent bankers and asset managers, who are reducing exposure to the area because of concerns about issues ranging from Brexit to France's "yellow vest" protests.

U.S.-China trade talks will likely conclude in next two weeks: Mulvaney

30 Apr 2019

BEVERLY HILLS, Calif. Talks between the United States and China aimed at resolving their trade dispute will likely be resolved "one way or the other" in the next two weeks, White House chief of staff Mick Mulvaney said on Tuesday.

IMF's Lagarde expects U.S. and China to reach trade deal

30 Apr 2019

BEVERLY HILLS, Calif. International Monetary Fund Managing Director Christine Lagarde said on Monday she expects the United States and China to reach a deal to end their trade dispute, which has unnerved financial markets and cast a shadow over the global economy.

Wall Street banks under pressure to make deeper cost cuts

17 Apr 2019

NEW YORK Top U.S. banks must make deeper cost cuts to drive earnings growth, with revenue expected to remain under pressure for the foreseeable future, analysts said.

Bank of America warns of slowing growth of net interest

16 Apr 2019

Bank of America Corp forecast that net interest income would rise half as fast this year after reporting first-quarter revenue on Tuesday that fell short of expectations.

JPMorgan lifts expectations for rivals with earnings beat

12 Apr 2019

NEW YORK JPMorgan Chase & Co's better-than-expected first-quarter earnings raised expectations that rival Wall Street lenders would follow suit when they report next week, pushing most bank stocks higher on Friday.

Exclusive: Deutsche Bank open to U.S. revamp in merger talks - sources

06 Apr 2019

NEW YORK Deutsche Bank said it was open to further restructuring of its U.S. investment bank after Commerzbank executives sought clarity on its plans during merger talks, according to three sources familiar with the matter.

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