BLOOMBERG King Charles III waded into European politics, praising Germany’s decision to reverse decades of defense policy by supplying Ukraine with arms. “Germany’s decision to send such significant military support to Ukraine is remarkably courageous, important and appreciated,” Charles said in a speech to the lower house of parliament in Berlin. Speaking to Bundestag lawmakers in German during his first ...

BLOOMBERG  Wall Street banks are looking to start trading private credit loans as they seek to make inroads into the lucrative world of direct lending, a potential first step that could ultimately reshape the largely buy-and-hold market. JPMorgan Chase & Co, Goldman Sachs Group Inc and Barclays Plc are among the firms talking to private debt funds about facilitating secondary-market ...

BLOOMBERG  The People’s Bank of China’s (PBOC) relending programs have incentivised banks to allocate more loans towards green projects, Governor Yi Gang said. The relending programs provide cheaper funding to banks and at the same time promotes information disclosure by lenders, Yi said on a panel at the Boao forum in Hainan. One of the PBOC’s relending programs — focussed ...