Citadel Securities says bank pricing models were more of a problem than balance-sheet constraints when the U.S. Treasury market suffered from extreme illiquidity and volatility in March.
Plans for debt relief for world's poorest countries inched forward on Thursday as private creditors laid out a blueprint for their involvement, though it received immediate criticism for not going far enough.
U.S. buyout group KKR is preparing to inject funds into Swiss vending machine company Selecta, which is saddled with debts and faces a loss of business due to the coronavirus crisis, four sources close to the matter said.
Potential breaches of market rules have spiked since traders began working from home in March, drawing scrutiny from regulators and piling pressure on banks to plug "black holes" in surveillance systems, industry officials say.
Canada-based oil refinery operator Irving Oil said on Thursday it has agreed to buy North Atlantic Refining Corp, the owner of the Come-by-Chance refinery in Newfoundland.
China's Geely Automobile Holdings Ltd has launched an$836 million-$859 million placement of 600 million new shares, according to a term sheet seen by Reuters.
Canada-based oil refinery operator Irving Oil said on Thursday it had agreed to buy North Atlantic Refining Corp, the owner of the Come-by-Chance refinery in Newfoundland.
Private sector creditors on Thursday laid out a "toolkit" they said would pave the way for poor countries side-swiped by the new coronavirus to get debt relief this year.
Alphabet Inc's Google is exploring an investment in Vodafone Group Plc's <VOD.L > struggling India business, the Financial Times reported on Thursday, citing people familiar with the matter.