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Singapore’s GIC, CVC among firms eyeing Euroclear stake

Bloomberg Buyout firm CVC Capital Partners and Singapore’s sovereign wealth fund GIC Pte are among firms considering bids for a stake in the $6.4 billion European settlements giant Euroclear, according to people familiar with the matter. The Brussels-based company, which counts London Stock Exchange (LSE) Group Plc as a shareholder, is planning to decide in the coming days whether to ...

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Rising odds of Singapore easing may see yields go up, not down

Bloomberg A rapid deterioration in Singapore’s economic data has fuelled speculation the central bank will ease monetary policy. The result may be higher interest rates and bond yields. Bets on the Monetary Authority of Singapore (MAS) will adjust policy have intensified after government reports over the past month showed the economy unexpectedly shrank 3.4 percent in the second quarter and ...

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Lawyers stranded in no-deal Brexit seek ‘ways’ to keep jobs

Bloomberg UK lawyers with lucrative careers in European Union law are fighting to save their jobs after the bloc’s top courts warned that a no-deal Brexit would forbid them from representing clients. In a letter, a senior official at the Court of Justice of the European Union in Luxembourg urged British lawyers practicing EU law to put in place contingency ...

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