U.S.

Some stories require a subscription to access the full source article.

Fed Will Cut by 100 Basis-Points Next Year, Says UniCredit’s Nielsen

Erik Nielsen, chief economist at UniCredit Group, discusses the possibility of a recession in the U.S. and his outlook for Fed policy. He speaks on “Bloomberg Markets: European Open.”…

Read More →

Repo Blowup Fueled by Big Banks and Hedge Funds: BIS

Claudio Borio, head of the monetary and economic department at the Bank for International Settlements, discuses a new analysis from the BIS that says recent repo market mayhem was not …

Read More →

Repo Market Turmoil Prompts a Full-Scale Review

The repo turmoil traders faced in September has prompted a full-scale review by regulators who identified potential risks to the U.S. financial system. Bloomberg’s Sarah Ponczek reports on “Bloomberg Daybreak: …

Read More →

Broker-dealers urge SEC to abandon or narrow proposed exemption for muni advisors

By Sarah Wynn
December 10, 2019, The Bond Buyer

Broker-dealers are urging the Securities and Exchange Commission to abandon or narrow its proposal to allow municipal advisors to work on …

Read More →

CFTC backs activity-based rules for non-banks

By Joe Walters
December 9, 2019, Global Investor Group

U.S. Commodity Futures Trading Commission (CFTC) announced late on Friday it supports focusing on the activities of non-banks at a system …

Read More →

Investors Gird for Year-End Turmoil in Cash Markets

By Daniel Kruger and Julia-Ambra Verlaine
December 8, 2019, The Wall Street Journal

Investors and policy makers are bracing for new disruptions to short-term cash markets going into the end …

Read More →

Repo Market Minnows Say Fixing the Mess Means Going Beyond Big Banks

By Alex Harris and Edward Bolingbroke
December 6, 2019, Bloomberg

If September’s dysfunction in the market for repurchase agreements has revealed anything, the biggest impediment is the dominance of a …

Read More →

Repo Blowup Was Fueled by Big Banks and Hedge Funds, BIS Says

By Liz McCormick
December 8, 2019, Bloomberg

The September mayhem in the U.S. repo market suggests there’s a structural problem in this vital corner of finance and the incident wasn’t …

Read More →

Now Repo Distortions Emerge in Europe’s $9 Trillion Market

By Anchalee Worrachate
December 8, 2019, Bloomberg

The European repo market may have escaped the kind of turmoil that engulfed the U.S. financial system this year, but that doesn’t mean …

Read More →

Mnuchin expresses concerns about proposed taxes on financial trades

By Naomi Jagoda
December 5, 2019, The Hill

Treasury Secretary Steven Mnuchin on Thursday said he has a number of worries about financial transaction taxes (FTTs) — taxes on Wall …

Read More →