As the next industrial revolution matures, many areas in banking and finance are being transformed. Some of the trends that are helping reshape the future of the industry include artificial intelligence, blockchain and open banking. Source: The Next Web Finance and trade is one of the oldest skills that mankind has developed after shaping the…
Apple Inc offered a $1 billion bond dedicated to financing clean energy and environmental projects on Tuesday, with proceeds from the green bond sales being used to finance renewable energy and energy efficiency at Apple facilities. Source: Reuters Apple Inc (AAPL.O) offered a $1 billion bond dedicated to financing clean energy and environmental projects on Tuesday,…
While interest rates are expected to rise in the US, some high-profile mutual-fund managers differ on their investment strategy. Four major investors share their approach with the Wall Street Journal. Source: Wall Street Journal As markets look for the Federal Reserve to raise rates three or even four times this year, star bond managers have…
The Toronto Financial Services Alliance (TFSA) featured Overbond as a leading fintech startup in the Toronto region in its latest report Seizing the Opportunity: Building the Toronto Region into a Global Fintech Leader Strengthening the fintech ecosystem in the Toronto region must be an imperative for the country’s financial services sector and governments in order…
Kinder Morgan Canada Ltd. received a BBB investment-grade credit rating from S&P Global Ratings on June 2. The company may issue its first Canadian-dollar bonds to replace existing funding for the Trans Mountain pipeline expansion. Source: WealthProfessional Kinder Morgan Canada Ltd. may issue its first Canadian-dollar bonds next year to replace its existing funding for…
The staggering demand for Nokia’s first new bond issue in years is testament to the market’s belief in the Finnish tech giant’s transformation over the past two years. Source: Nasdaq NEW YORK, June 5 (IFR) – Nokia was deluged with more than US$8bn of orders Monday for its first US bond in years, as eager investors…
NY Fed findings say reforms including the Dodd-Frank Act and Basel III regulation have constrained banks in their ability to trade corporate bonds, leading to “adverse impact” on bond-level liquidity. Source: Financial Times Regulations designed to safeguard the US from another financial crisis have damped corporate bond trading activity, according to the Federal Reserve Bank of…
In an effort to cut costs and make internal processes more interesting, U.S. investment banks are busy trying to automate the process of doing deals. Source: efinancialcareers First they came for the equities traders and the FX traders. Then they came for the CDS index traders. Now, it seems, the computers are changing the jobs of people working in M&A…
Investor sentiment is mixed after Beijing’s campaign this spring to make Chinese markets less risky, with yields on seven-year government bonds rising above yields of both five-year and 10-year bonds. Source: The Wall Street Journal China’s $1.7 trillion government-bond market is turning ever weirder. In a fresh sign of the nerves among investors caused by Beijing’s campaign this…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
