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Carney braces for final year with BOE

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Bloomberg Mark Carney is headed into his last full year at the helm of the Bank of England, and it could be his most turbulent yet. In a tenure that has seen the Scottish referendum, two general elections and the Brexit vote, the BOE governor is now in charge of keeping the ship steady as the divorce from the European ...

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Wall Street lenders stuck with $1.6bn unsold loans

Bloomberg A rout in the once-hot market for risky corporate loans has some of Wall Street’s largest banks stuck with at least $1.6 billion of unwanted leveraged buyout debt. Banks including Barclays Plc, Goldman Sachs Group Inc. and Bank of America Corp. — among the top providers of loans for LBOs — have struggled in recent weeks to sell loans ...

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Deutsche Bank, Credit Suisse targeted by EU bond probe

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Bloomberg Deutsche Bank AG, Credit Suisse Group AG and Credit Agricole SA were targeted by a European Union probe into a suspected cartel for sovereign-bond trading. The European Commission sent the banks antitrust complaints, saying they may have exchanged “commercially sensitive information and coordinated on prices” on trading of US dollar supra-sovereign, sovereign and agency bonds via online chatrooms between ...

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