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Gold-Like Swiss Franc May Surge 17%, Morgan Stanley’s Adams Says
The Swiss franc could surge as much as 17% to the dollar amid growing confidence in the currency’s haven status in the face of US policy uncertainty.
'We Are Concerned': Scott Bessent says Treasury Is Keeping A Close Eye On The Private Credit Market
Pressure on Blue Owl Capital (OWL) isn't letting up after an asset sale meant to calm investor worries last week sparked new concern.
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Bank Stress Likely to Lead to Tighter Lending, Corporate Defaults - BofA Credit Survey
Bank stress will likely be limited to a small number of banks but lead to tighter lending conditions and a pick-up in corporate defaults.
Money-Market Managers Rebrand Almost $1 Trillion of Funds as ESG
Money market funds targeting European clients have quietly been reclassifying their legal status to market themselves as promoters of ESG.
Summers: No Victory Over Inflation Without An Economic Freeze
Larry Summers sees the Fed's situation as quite challenging and believes that it will be difficult to determine the best course of action farther out.
Bank Groups Warned Regulators About Losses in Months Before SVB, Signature Failed
Before SVB and Signature Bank collapsed US financial regulators received warnings about mounting unrealized losses had potential to spark crisis.