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Global stocks drift, dollar climbs as trade news awaited

Bloomberg Global stocks drifted alongside US index futures on Tuesday, as investors searched for fresh direction after China lowered its growth forecasts and as speculation endured that a Sino-American trade deal is near. Treasuries fell while the dollar strengthened for a fifth day. The Stoxx Europe 600 Index reversed an earlier gain, with automakers and banking shares dragging the gauge ...

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Greece to sell €2.5b of 10-year bonds

Bloomberg Greece marked a milestone in its recovery from a bruising financial crisis after agreeing to sell 2.5 billion euros ($2.8 billion) of 10-year bonds for the first time in nine years. The syndicated offer for the 2029 notes will price to yield 3.9 percent, less than an initial target of about 4.13 percent, a person familiar with the matter ...

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Clients who quit Nordea find themselves in Swedbank fire

Bloomberg In Sweden, finding a bank not embroiled in controversy is getting difficult these days. A number of clients who left Nordea Bank Abp after it opted to move to Helsinki from Stockholm ended up at Swedbank AB. Now, they’re questioning whether that was a good choice given allegations of money laundering against their new lender. Customers to have left ...

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