Big banks’ record Wall Street profits are increasingly tied to AI
Wall Street’s biggest banks just posted a record first half, turbocharged by stock trading, dealmaking, and financing tied…
EU’s big 6 pitch a rival to Wall Street – POLITICO
Back-to-back crises have limited the power of the public purse, so policymakers are hoping professional financiers and savers…
EU’s 6 biggest economies back single finance watchdog – POLITICO
Among the most contentious initiatives is introducing EU supervision of “the most systemic, relevant, cross-border financial market infrastructures”…
EU doesn’t need all 27 to move forward on reforms – POLITICO
In Wall Street Journal interview, ECB chief backs smaller country groupings to push capital markets reform and other…
3 Cash-Burning Stocks We’re Skeptical Of
Companies that burn cash at a rapid pace can run into serious trouble if they fail to secure…
EU market reforms won’t bring back growth
Almost all of Europe’s problems are long-term and intractable. This is also the case when it comes to…
Debt Gap at 50-Year High in Emerging Countries, World Bank Says
The gap between external debt repayments and new financing in developing countries widened to $741 billion between 2022…
AI Debt Explosion Has Traders Searching for Cover: Credit Weekly
As tech companies gear up to borrow hundreds of billions of dollars to fuel investments in artificial intelligence,…
AI Debt Explosion Has Traders Searching for Cover: Credit Weekly
A trader works on the floor of the New York Stock Exchange (NYSE) in New York. (Bloomberg) —…
Senegal Joins Gabon, Mozambique in Africa Trio on Verge of Debt Distress
Senegalese bonds plunged to fresh record lows, placing the West African nation into debt-distress territory, according to a…
CEOs Sound Least Worried About an Economic Slowdown Since 2007
Company executives are sounding remarkably upbeat about the economy this earnings season, even as trade tensions linger and…
AI’s $5 Trillion Data-Center Boom Will Dip Into Every Debt Market, JPMorgan Says
The furious push by AI hyperscalers to build out data centers will need about $1.5 trillion of investment-grade…