In his confirmation hearing the other day, Treasury secretary nominee Steven Mnuchin used the word “liquidity” when talking about several financial regulatory policies. He echoed banks’ concern that the Volcker Rule — which prohibits banks from engaging in many kinds of trading — would reduce asset market liquidity. He also expressed support for the continued existence of Fannie Mae ...

  Bloomberg Etihad Airways PJSC sought to head off the prospect of further clashes over its US expansion now that Donald Trump is president, saying it has no plans to add destinations beyond those already served. “We are not flying into any further points in the USA,” Etihad Aviation Group Chief Executive Officer James Hogan said in an interview with ...

  Bloomberg Reckitt Benckiser Group Plc emerged as a surprise suitor for perennial bid candidate Mead Johnson Nutrition Co., starting talks on a $16.7 billion purchase of the baby food maker to build its faster growing consumer-health business and bolster its presence in Asia. The companies are discussing an offer of $90 a share in cash, Reckitt Benckiser said. That ...