The Trump administration’s new legal assault on the Federal Reserve further threatens independence and makes it harder for the central bank’s next chief to do their job, according to Scope Ratings.
Lebanese bonds have rallied to the highest since March 2020, when the country defaulted on some $30 billion of international debt, on optimism that a proposed law to free up bank deposits is a positive step to improving the nation’s financial troubles.
US state and local debt with long maturities offer “compelling” value in this less crowded corner of the market, according to the municipal investment arm of MacKay Shields.
Regional-bank stocks trade at lower valuations than those of the largest U.S. banks.
DV Group hired Nicky Ferguson, a well-known quantitative analyst and trader in commodity markets, as the company continued to expand its trading capabilities.
Meteoric Resources NL is casting a wide net including courting potential backers in Saudi Arabia as it pursues a strategic partner for its rare-earth mining project in Brazil.
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