Bond Sales Break €99 Billion in Europe’s Busiest Week Ever
Europe’s debt market is enjoying its busiest week ever, with borrowers issuing €99 billion ($107 billion) in just four days as they seize on a start-of-year rally to bring deals early.
Bloomberg Business
Art Collector Says Van Gogh on Display in Detroit Museum Was Stolen From Him
In October, the Detroit Institute of Arts pulled back the curtains on its three-month Van Gogh exhibit, proudly boasting that its expo of 74 paintings was one of the largest-ever collections assembled of the Dutch master’s famous works. Now a collector claims one of them was stolen from him.
California Drought Ebbs Just Slightly, Even After Weeks of Rain
Even after weeks of incessant and flooding rain, the historic drought gripping California has barely begun to recede.
US Inflation Cools Again, Putting Fed on Track to Downshift
US inflation continued to slow in December, adding to evidence price pressures have peaked and putting the Federal Reserve on track to again slow the pace of interest-rate hikes.
French Riviera Realtors Investigated Over Sanctions Compliance
Authorities in Paris said they’re investigating real-estate agents along the French Riviera to verify whether they complied correctly with sanctions targeting some of their rich Russian clients.
Adler Attempts to Overhaul Debt Through UK Courts
German landlord Adler Group SA is preparing to overhaul its debt in the UK after getting support from a “sufficient majority” of its creditors for a deal.
Rates Traders Enjoyed 48% Revenue Leap as ‘New Regime’ Beckons
The world’s biggest banks just enjoyed their second-best year for rates trading in a decade as rising interest rates and soaring inflation brought lucrative turbulence to the market.
UK Visa Route for Rich Was Used by 10 Russians Later Sanctioned
The UK’s flagship “golden visa” route designed to reward foreign investors with the right to live in the country was used by 10 Russians who were later placed under sanctions, Home Secretary Suella Braverman said.
CFA Level I Pass Rate Slips to 36% as Pandemic Delays Linger
The pass rate for the first level of the chartered financial analyst exam declined again, while remaining above last year’s historic lows, as the lingering effects of the pandemic continued to disrupt test-taking.
Minibubbles in US Banking Are Popping With Costs in the Billions
A two-century-old bank in the New England countryside suddenly became one of the hottest stocks in US finance a couple of years ago after making an unlikely proclamation: It was willing to help cryptocurrency ventures.
