[ad_1] * Graphic: World FX rates in 2019 tmsnrt.rs/2egbfVh * Fed’s Powell, Bullard temper July rate cut expectations * European stocks gain after CNBC fuels trade talk optimism * U.S.…
Tag: Credit Markets
Explainer – Danske Bank’s 200 billion euro money laundering scandal
[ad_1] COPENHAGEN (Reuters) – Danske Bank DANSKE.CO has been caught up in one of the largest-ever money laundering scandals. Howard Wilkinson, the whistleblower who first alerted Denmark’s biggest bank to…
Europe’s bond boom may stem investment bank exodus from sovereign debt auctions
[ad_1] LONDON (Reuters) – The surge in government borrowing during the COVID-19 crisis and boost in bond trading may stem investment banks’ gradual exodus from the less profitable business of…