LONDON (Reuters) - JPMorgan will launch a new overall bond index on Thursday that will unify all of the bank's flagship bond indexes that cater to specific areas such as government bonds and emerging markets, according to a document seen by Reuters on Thursday.
ZURICH (Reuters) - Switzerland's parliament rejected on Thursday a bid to amend the law handling ill-gotten bank profits seized by authorities that had aimed to return more than $100 million linked to scandal-hit sovereign fund 1MDB to the Malaysian people.
DUBAI (Reuters) - Saudi Arabia has selected Citi, Goldman Sachs, HSBC and Morgan Stanley as the main banks that will arrange its next U.S. dollar bond issue, sources familiar with the matter said.
NEW YORK (Reuters) - A gauge of stress in the U.S. money markets grew to its highest level in more than six years on Thursday, bolstering the risk of further increase in the costs for banks and other companies to borrow dollars.
NEW YORK (Reuters) - Get a big check from a wealthy great aunt every year for your birthday? Parents buying you a car? Grandparents paying for private school tuition?
NEW YORK (Reuters) - An investor sued Credit Suisse on Wednesday, alleging that misstatements about a complex product betting on stock market swings led to losses for people who bought in at inflated prices.
NEW YORK (Reuters) - Goldman Sachs said on Wednesday it continues to expect broad weakness in the U.S. dollar and outperformance by emerging market currencies in 2018 amid investors' concerns about escalating trade tension.
LONDON (Reuters) - Talks on Britain's withdrawal of the European Union pose the biggest short-term risk to European financial markets, BlackRock's deputy chief investment officer for fixed income Scott Thiel said on Wednesday.
Pictet Asset Management's chief strategist tells Reuters' Fred Katayama the market could rotate toward staples, healthcare and other defensive sectors in the second half of the year.
