Bloomberg The fallout from the global spread of coronavirus may be starting to affect credit and funding markets, according to JPMorgan Chase & Co. Supply-chain disruptions and demand shock from the virus fallout could already be causing cash-flow problems for businesses, JPMorgan strategist Nikolaos Panigirtzoglou wrote in a note. That’s probably even more true for smaller companies and those in ...

Bloomberg The governing council of the European Central Bank (ECB) has ended the limit imposed on the exposure of Greek lenders to the country’s sovereign debt, Greece’s Finance Minister said. The ECB believes that the reasons and conditions that led to the March 2015 decision no longer exist, Christos Staikouras said in an emailed statement, citing rising deposits, the improved ...

Bloomberg The Czech central bank pushed back against billionaire Prime Minister Andrej Babis’s criticism of its efforts to curb inflation with higher borrowing costs. The surprising February rate increase — the only one globally this year — prompted a rebuke from Babis, who said such moves are boosting banks’ earnings while hurting the economy during a slowdown. The bank is ...