Bloomberg Brexit drove the second-biggest jump in UK delivery times in at least 30 years this month, adding to Britain’s economic woes as Covid shut down services. IHS Markit said that UK output falls at the quickest rate since May, hurt by additional red tape from leaving the European Union single market and a severe lockdown at home. That followed ...

Bloomberg The high-yield bond market is wrapping up what’s likely to be the busiest January on record next week as investors continue to pour cash into risky assets as they hunt for higher returns. Sales stand just about $1.2 billion below the current January peak of $37 billion, which was set in the first month of 2020. Yields on CCC ...

Bloomberg Citadel Securities went from strength to strength in 2020, as the pandemic spurred wild swings across finance. To cap the tumult, Ken Griffin’s firm, one of the world’s biggest market makers, just posted record revenue — some of it from a rapidly constructed Florida trading floor. Fourth-quarter net trading revenue of $1.7 billion brought the firm’s full-year total to ...