Bloomberg Barclays Plc is considering shaking up parts of its global markets unit that are underperforming as the lender prepares for volatility drying up after the pandemic. Global markets head CS Venkatakrishnan, known to colleagues as Venkat, told employees recently that while equities and credit trading had held up well lately, parts of its macro trading unit including European interest ...

Bloomberg The Reserve Bank of Australia (RBA) said it is important that lending standards are maintained as the risk remains from excessive borrowing in the country’s housing market. “In Australia, and some other countries, there have been large increases in housing prices and an acceleration in borrowing,” the central bank said in its semi-annual Financial Stability Review. “Vulnerabilities can increase ...

Bloomberg Bank of France Governor Francois Villeroy de Galhau said he expects inflation in the euro area to peak in coming months and for price increases to fall below 2% by the end of 2022. Villeory, who is also a member of the European Central Bank’s governing council, said the jump in inflation was a temporary bump linked to the ...