Bloomberg Credit Suisse Group AG named Neil Hosie to lead the bank’s global equities team, amid ongoing management turnover and restructuring at the investment bank unit. Hosie will be based in London and report to co-head of markets, Michael Ebert, according to an internal memo seen by Bloomberg News that was confirmed by a spokeswoman. Hosie, who has been ...

Bloomberg A closely-watched interest-rate metric has convinced Morgan Stanley strategists that the euro area can withstand further increases in borrowing costs, boosting their bullish view on the single currency. The near-term forward spread — the difference between the three-month rate and where investors see it in 18 months’ time — is inverted for markets including the US and New Zealand, ...

  Bloomberg US equity futures and European stocks dropped in the face of hawkish comments from Federal Reserve and European Central Bank (ECB) officials that ramped up investors’ expectations of higher interest rates. The dollar rallied and bonds fell. Contracts for both the S&P 500 and Nasdaq 100 retreated after the underlying indexes sank more than 1% on February 16. ...