Bloomberg Deutsche Bank AG and Rabobank received formal complaints from the European Union’s antitrust watchdog for their alleged roles in a cartel for euro-denominated bonds, setting them up for potential fines from the regulator. The European Commission said it sent the banks a so-called statement of objections laying out concerns that the banks colluded “to distort competition” in trading ...

  Bloomberg Regulators look set to reserve their harshest interventions for firms caught making misleading statements about climate strategies, according to an assessment by JPMorgan Chase & Co analyst Jean-Xavier Hecker. “Climate change is likely to become the ESG theme where the crackdown on greenwashing will be the hardest, given that it represents a theme where scientific knowledge is widely ...

Bloomberg The mood for risk is seeping into every corner of Chinese markets, with policy moves to ease Covid-19 curbs and revitalise the economy fuelling the biggest selloff in years in high-grade local corporate debt. Yields on most AAA rated domestic corporate bonds jumped at least 10 basis points on Tuesday, according to traders. They hit a 13-month high of ...