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BlackRock sees major Australia banks cutting bonds as property lending slows

Bloomberg Australia’s major banks will sell fewer local currency bonds next year as property lending cools in one of the world’s most heated real estate markets. That’s the view of BlackRock Inc.’s head of fixed income in Australia Craig Vardy. The forecast concerning the lenders — some of the biggest corporate note issuers Down Under — comes as restrictions take ...

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Biggest Danish mortgage bank cancels IPO plans

Bloomberg Nykredit Realkredit A/S is abandoning plans for an initial public offering, pulling what could have been the biggest listing of a Nordic bank in more than two decades. Denmark’s largest mortgage lender, which dominates the country’s $480 billion covered-bond market and provides home loans to about 40 percent of households, said an offer from a group of private Danish ...

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Credit Suisse embraces digital money despite bubble fears

Bloomberg Credit Suisse Group AG Chief Executive Officer Tidjane Thiam said last week that bitcoin speculation is the “very definition of a bubble.” Even so, he can’t avoid it or the technology behind it. A Credit Suisse conference on digital money and blockchain last month in New York was “epic,” said Lou Kerner, a former equity analyst at Goldman Sachs ...

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