One of the last of Wall Street’s iconic boutique firms will no longer be run by the family that gave it its name. Alexandra Lebenthal, CEO of Lebenthal & Co, the firm started by her grandparents in 1926, is stepping
Euro zone government bond yields were set to end the first trading week of the year with their biggest weekly rise in at least a month, pushed up by inflation worries and strong U.S. jobs data. U.S. employment increased less
Euro zone government bond yields edged down on Monday as the market started the new year on a firm note, with data giving further insight into inflation trends in the currency bloc on the horizon. As attention shifts to signs
TOKYO : The euro jumped to its highest in three weeks in holiday-thinned Asian trade on Friday, but was on track for a losing year on expectations that U.S. President-elect Donald Trump’s policies will boost inflation and prompt the U.S.
BEIJING Dec 26 The fate of a defaulted $ 45 million Chinese corporate bond sold through an Alibaba-backed online wealth management platform was thrown into doubt on Monday, after a bank said letters of guarantee for the bonds were counterfeit.
NEW YORK : U.S. long-dated Treasury debt yields edged higher on Friday, continuing a trend that has been in place for several weeks, with investors consolidating some positions ahead of what is expected to be a quiet holiday period for
LONDON : Two-year German government bond yields hit further record lows on Friday as banks loaded up on bonds likely to become scarcer after recent tweaks to the European Central Bank’s asset purchase programme. On a day when most high-rated
It was, once again, one of the worst kept secrets in economic history. Just like it did a year ago, the Federal Reserve on Wednesday sent its key short-term interest rate up by a quarter of a percentage point. In
LONDON : Greek government borrowing costs rose to one-month highs on Wednesday after the euro zone’s bailout fund said it had put short-term debt relief measures for the country on hold.The European Stability Mechanism said it had suspended the measures
The premium Italy pays to borrow in bond markets over Germany fell to its lowest in over a month on Tuesday as UniCredit announced the country’s biggest ever share sale in the latest bid to clean up its banking sector.Italy’s