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ECB may mull bank-bond buying amid unappealing menu

Bloomberg Europe’s bond investors are starting to ask whether the European Central Bank (ECB) will pair a potential interest rate cut with unprecedented purchases of senior bank debt. Policy makers have previously shied away from buying unsecured bank bonds, not least because of possible conflicts of interest stemming from the ECB’s role in regulating banks it would be purchasing notes ...

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Nissan bets on new Skyline model to heal brand image

Bloomberg Nissan Motor Co unveiled a new version of its Skyline sports sedan, adding the carmaker’s most advanced autonomous driving technology, as well as design elements shared with models like the GT-R sports coupe. The automobile, Nissan’s first major product debut in Japan since the arrest and ouster of former Chairman Carlos Ghosn, will let drivers take their hands off ...

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Indian lenders warn of ‘severe plunge’ in recoveries after ruling

Bloomberg A group of lenders led by State Bank of India has filed a case in the nation’s Supreme Court seeking to annul a ruling that gives almost equal rights over the country’s largest distressed steel mill’s obligations to lenders and its 1,936 vendors. Earlier this month an Indian bankruptcy court, that allowed ArcelorMittal’s $6 billion purchase of Essar Steel ...

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