News

Analysis-Santander's Bet on Britain With TSB Deal Shows Banks' Need for Scale
Acquiring TSB will boost Santander's ranking in UK mortgages to fourth from fifth, RBC estimates. For that, Santander is ...
The Italian Job: How Rome Plans to Work Around NATO Spending Hike
ROME (Reuters) -Italy, along with other NATO countries, has agreed to sharply increase defence spending over the next decade, ...
Fed Independence, US Rule of Law at Risk, UBS Reserve Managers Survey Says
LONDON (Reuters) -Two in three reserve managers fear Federal Reserve independence is at risk and nearly half think the rule of law in the United States may deteriorate enough to influence their asset ...
Morning Bid: Trade Optimism Gives Way to Caution Over US Jobs
Wall Street futures are 0.1% firmer, while EUROSTOXX 50 futures were up 0.2%. Looking ahead, the main risk event for markets ...
Analysis-Japan’s Yen Is a Compelling Trade but Comes at a Cost
Most analysts and real money investors remain convinced the yen will eventually appreciate as Japan shifts away from ...
Asian Multi-Strategy Hedge Funds Dymon and Pinpoint End First-Half Strong
Singapore's Dymon Asia Capital's flagship multi-strategy fund, which manages more than $3 billion in assets, finished up 2% last month, bringing its first-half gain to 10.1%, according to a source ...
Saudi Arabia's Non-Oil Sector Growth Quickens in June on Strong Demand, PMI Shows
New order growth quickened to a four-month high, with the subindex rising to 64.3 in June from 62.5 in May. Domestic sales were the primary driver of this upturn, supported by successful client ...