Want to bet on the bond rally? Check out these overlooked funds.
The Treasury just sparked a bond-market rally. Here is why it may not last.
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Foreign banks take bigger capital hit in US stress tests
Foreign banks posted larger depletions in core capital than US banks in the Federal Reserve’s latest round of stress tests. The estimated median start-to-trough depletion in Common Equity Tier 1 (CET1) capital for foreign subsidiaries was 3 percentage points under the Fed’s severely adverse scenario. For US banks, the median capital depletion was 1.3pp. !function(e,n,i,s){var…
Nuveen completes Schroders acquisition, creating $2.6tn asset manager
What changes following Nuveen’s acquisition of Schroders? The combined firm has outlined its investment platform, leadership structure and plans for London. CRE Herald Market analysis, deal insights, and sector research trusted by fund managers, asset managers, and senior executives. Subscribe Now Already s subscriber? Log in to unlock this content …
Google Cloud Rides Enterprise AI Demand to 82% Growth
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BGL’s Summer Analyst Program Recognized as a Top 20 Overall Excellence Winner by Abode
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FEMA reform pushed by committee chair
“We have thousands of open disaster projects dating back to Hurricane Katrina, ballooning disaster costs, a bureaucracy that feels like you need a Ph.D. to navigate, and little common sense,” said House Transportation and Infrastructure Committee Chair Sam Graves, R-Mo. Bloomberg News While the Department of Homeland Security wrestles with many issues and criticisms, pressure is…
