Recent Posts

Fund investors in India stay put despite stock-market rout

Bloomberg Investors in Indian equity funds held tight and even bought more last month, seemingly unfazed by the selloff triggered by a tumbling currency and a crisis at a troubled lender. Stock funds took in 111 billion rupees ($1.5 billion) in September, the most since May, up from 83 billion rupees in August, data from the Association of Mutual Funds ...

Read More »

BOE cranks up volume in warning on no-deal Brexit

Bloomberg The Bank of England ratcheted up the pressure on the European Union to help stave off the threat a no-deal Brexit poses to trillions of pounds of derivative contracts and millions of insurance policies. The EU has made “only limited progress” in mitigating the financial-stability risks of a disorderly Brexit, and the need for action is now “pressing,” the ...

Read More »

Danske Bank’s brutal stock selloff may have gone much too far

Bloomberg A punishing selloff triggered by a money laundering scandal may have left Danske Bank A/S badly undervalued, according to analysts covering the stock. That means that shares in Denmark’s biggest financial group could be poised to soar more than 50 percent in the coming year, according to the average estimate of 24 analysts tracked by Bloomberg. The gap between ...

Read More »
Send this to a friend