Thursday , 18 December 2025

Recent Posts

UK house prices increase despite Brexit concerns

Bloomberg London’s decade-long housing boom may have been cooled by Brexit, but the property market in the rest of the UK is largely shrugging it off. While home prices in the capital have risen only 1.7 percent since the June 2016 vote, those in Birmingham, Britain’s second-biggest city, have jumped almost 15 percent, according to Hometrack. Manchester is close behind …

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Banks grappling with bad loans could get lift from EU

Bloomberg Banks from Greece to Italy that are struggling to get rid of a mountain of bad loans may soon get some help from European Union lawmakers. A bill that’s nearing the finish line in Brussels would soften the capital hit banks usually face when they sell non-performing loans at a loss. That could give a boost to Italian lenders, …

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Pimco sole buyer of UniCredit’s all $3 billion bonds

Bloomberg UniCredit SpA paid a high price to close a $3 billion bond sale in a stressed market and the big winner looks to be Pacific Investment Management Co. Pimco was the sole buyer of the bank’s surprise sale of five-year bonds, two people with knowledge of the transaction said, asking not to be identified because the matter is private. …

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