Bloomberg Turkey’s central bank is holding an extraordinary meeting with bank executives to discuss ways to minimize the market impact of the coup attempt, the Haberturk newspaper reported. The bank convened members of the Banks Association of Turkey, the Istanbul-based newspaper said, without saying where it got its information about the meeting. Turkey’s lira plunged the most against the ...

  Bloomberg Negative yields are spreading to more areas of the fixed-income market by the day. Data from Barclays Plc highlight the staggering pace of change as this week Deutsche Bahn AG became the first non-financial company to sell negative-yielding bonds, and the German government auctioned 10-year debt with a sub-zero yield for the first time. To get a sense ...

  BLOOMBERG Efforts by regulators to level the playing field among European banks is putting Swedish lenders at a disadvantage, according to the chief executive officer of SEB AB, one of the Nordic country’s four big banks. Regulators from Stockholm to Basel are pushing to shrink differences in how banks estimate potential losses, an undertaking designed to ensure that lenders ...