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Global deal size will keep growing, says JPMorgan’s Hernandez

Bloomberg JPMorgan Chase & Co.’s head of global banking, Carlos Hernandez, said companies are only just beginning to “test out the limits of what is possible” for new stock sales and deals, driven by the strength of the world economy. “If economic fundamentals continue as they are now, next year the price of equities will continue to increase, the size ...

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Barclays fine slashed in settlement on US electricity market manipulation

Bloomberg A US regulator agreed to let Barclays Plc pay $105 million to resolve claims that the bank manipulated western US electricity markets, avoiding a trial over a proposed record penalty more than four times as high. The deal ends a court battle over a $470 million fine by the Federal Energy Regulatory Commission tied to an alleged scheme in ...

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BOE sees better wage growth as hiring difficulties worsen

Bloomberg British pay packets are starting to pick up as the availability of workers declines, according to a network of businesses across the country monitored by the Bank of England. Pay growth has edged up recently and is expected to be somewhat higher in 2018 than this year, the BOE said in its Agents’ Summary. Settlements next year will likely ...

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