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Carvana Soars On Debt-Restructuring Deal, Launches Stock Offering
Business

Carvana Soars On Debt-Restructuring Deal, Launches Stock Offering

Carvana shares surged Wednesday after the used-car retailer said that it had reached a bond-swap deal to reduce its debt by $1.2 billion and launched

FX swaps data firm DIGITEC adds Errol McKenzie, Asim Ahmed in London
Finances

FX swaps data firm DIGITEC adds Errol McKenzie, Asim Ahmed in London

FX Swaps and NDF pricing and data provider DIGITEC has announced that Errol McKenzie and Asim Ahmed have joined its London office. DIGITEC’s London office

Goldman Sachs Paying $15 Million to Settle Investigation of Swaps Business
Finances

Goldman Sachs Paying $15 Million to Settle Investigation of Swaps Business

Markets Finance Bank’s swaps dealer priced derivatives in terms that put clients at a disadvantage, CFTC says Source link

Finances

Explainer-What are credit default swaps and why are they causing trouble for Europe’s banks? By Reuters

© Reuters. FILE PHOTO: Deutsche Bank logo and rising stock graph are seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Amanda

Deutsche Bank Selloff Focuses Attention on Credit-Default Swap Market
Finances

Deutsche Bank Selloff Focuses Attention on Credit-Default Swap Market

Markets Finance The cost of insuring the German bank’s debt against default surged last week Source link

BoE's Bailey urges firms to assume lower inflation when setting prices By Reuters
Finances

Explainer-What are credit default swaps and why are they causing trouble for Europe’s banks? By Reuters

© Reuters. FILE PHOTO: Deutsche Bank logo and rising stock graph are seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Amanda

Deutsche Bank Stock Price Rebounds Even as Worries Persist
Finances

Deutsche Bank Stock Price Rebounds Even as Worries Persist

The lender sought to reassure investors with a refreshed presentation of financial numbers. Source link

U.S. mid-tier lenders gain on SVB deal, hopes of more govt. support By Reuters
Finances

Fed Swaps Once Again Show Hike More Likely Than Not for May By Bloomberg

&copy Bloomberg. The Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S., on Saturday, June 26, 2021. The Federal Reserve might consider an interest-rate