$LEHMQ News

Last published 5y ago

5y agoSCHW LEHMQMarkets Bet Inflation Is Hot Enough to Spur Reluctant Rate HikesBloomberg
5y agoLEHMQDeutsche Bank Closer to Big Win After U.K. Lehman RulingBloomberg
5y agoMSCI C LEHMQChina Channels Bernanke With Assurances Evergrande Is ContainedBloomberg
5y agoLEHMQEx-Credit Suisse Trader Lemssouguer Targets $1 Billion FundBloomberg
5y agoLEHMQChina Funds Counting On Beijing to Contain Evergrande ContagionBloomberg
5y agoLEHMQ FB COINCoinbase Drops Promise of Token’s Cash Backing That Wasn’t TrueBloomberg
5y agoLEHMQ MS GS JPM+1BofA Debuts Cryptocurrencies Research Team Led by Alkesh ShahBloomberg
5y agoLEHMQZombies Are on the March in Post-Covid MarketsBloomberg
5y agoLEHMQRobert Mundell, Nobel Laureate Who Inspired the Euro, Dies at 88Bloomberg
5y agoLEHMQNatixis on Trial Over Claims It Misjudged Subprime-Loan RisksBloombergNatixis SA is on trial in France over decade-old allegations that it failed to properly disclose its exposure to subprime loans, making it impossible for investors to anticipate future losses.
5y agoLEHMQECB Invokes Banknote Paradox to Explain Cash in Contactless AgeBloombergCash is alive and thriving in the euro zone despite the rise of debit cards and contactless payment, and the pandemic has even accelerated that trend, according to the European Central Bank.
5y agoVCYT IOVA TMP IVZ+5Cathie Wood Is Actively Displacing Those Passive Nasdaq WhalesBloombergHer ARK Innovation ETF has revived retail investor interest in small cap stocks after a decade of funds thoughtless FAANGfare.
5y agoMCO DHR AER LEHMQ+3GE’s Credit-Market Giant Caps Decade-Long Descent Into ObscurityBloombergBefore the global financial crisis, General Electric Co. and its finance unit were AAA rated darlings of corporate bond investors, who gobbled up tens of billions of dollars in debt offerings each year. That allowed the conglomerate to access cheap capital and build a financing behemoth that rivaled some of Wall Street’s largest banks.
5y agoLEHMQ C BAC MSPerella Weinberg Bankers Break to Form Newcomer Boutique in GulfBloombergPerella Weinberg Partners LP’s Middle East team of bankers left to start its own advisory firm in Dubai to get a slice of the buoyant market for deals and restructurings in the region.
5y agoLEHMQ AONEJunk Bonds Are a 2021 Must-Have for Asia’s Leading Credit FundsBloombergWhen global bond markets dipped in February, fund manager John Stover dove in, predicting a rebound, only to watch prices collapse as the coronavirus pandemic raged on. Stover kept buying.
5y agoMC LEHMQ GFX/UEx-Barclays Banker Azar Boosts SPAC IPO Size to $300 MillionBloombergMakram Azar, a former senior banker at Barclays Plc, and dealmaker Scott Freidheim raised $300 million after boosting the size of their blank-check company’s U.S. initial public offering.
5y agoLEHMQ AONEGammon Capital Up 449% Is Betting on New Wave of Market TurmoilBloombergA New York hedge fund that’s gained 449% in this year’s pandemic roller-coaster is betting on a new wave of volatility in the event Congress fails to extend a key bank provision in any new stimulus bill.
5y agoMC ARNC GFX/U LEHMQFormer European Lehman Colleagues Seek $250 Million for SPACBloombergTwo senior European dealmakers who worked at Lehman Brothers Holdings Inc. before its collapse, Scott Freidheim and Makram Azar, have formed a blank-check company, the latest high-profile business figures to pursue the dealmaking vehicles.
6y agoJPM BAC LEHMQThe Year Unconventional Monetary Policy Turned ConventionalBloombergGlobal central bankers are discovering that monetary policies they once viewed as unconventional and temporary are now proving to be conventional and long-lasting.
6y agoLEHMQ AONE/U APO ARCC+5A $2 Trillion Credit Boom Leaves America’s Smaller Firms BehindBloombergUnprecedented government stimulus has allowed more companies to borrow at lower rates than ever before. Yet amid the credit boom, smaller firms that power America’s economic engine are often being shut out, hamstringing the recovery just as it begins.
6y agoPIRRQ INTEQ HTZ LEHMQ+2Delaware Is Losing Its Luster as the Best Place to Go BrokeBloombergFor decades, when the biggest names in corporate America went bust, they ran to one of two courthouses for protection. The historic Alexander Hamilton U.S. Custom House in lower Manhattan, or an unassuming office building with only a number for a name in Wilmington, Delaware.
6y agoLEHMQDealmaker’s $2 Billion Claim Returns Focus to Barclays BailoutBloombergOne of the final pieces of unfinished business from the 2008 crash is at last getting its day in court, as Amanda Staveley fights Barclays Plc for the 1.6 billion pounds ($2 billion) she says she’s owed for a deal that helped save the lender.
6y agoLEHMQ TOYS JCPJ.C. Penney Faces Possible Snag to a Smooth RestructuringBloombergYears of struggle landed J.C. Penney Co. in Chapter 11.
6y agoFITB TFC WB JPM+7PNC Aims to Emerge From the Next Financial Crisis Much LargerBloombergThe last financial crisis reordered the U.S. banking hierarchy, forcing weakened firms to sell themselves to rivals that remain dominant to this day. PNC Financial Services Group Inc. is getting ready in case it happens again.
6y agoLEHMQ GSA Gauge of U.S. Market Stress Is Behaving a Lot Like 2008BloombergInvestors have studied everything from power consumption to the infection curve to figure out if this market rebound is a headfake after the coronavirus crash.
6y agoLEHMQWealth Manager Can’t Keep Up as Global Turmoil Spurs Gold RushBloombergInvestors are rushing to put their money into gold as the coronavirus pandemic roils markets worldwide, with one asset manager reporting demand dwarfs the spike seen during the last financial crisis.
6y agoCSCO KO IBM GE+9Gold Still Shines 50 Years After Nixon. Will Netflix?BloombergHistory suggests that buying the market's biggest stocks is a bad idea. They have nowhere to go but down.
6y agoBK BAC LEHMQTo Understand the Wild U.S. Stock Rally, Just Forget About 2020BloombergThe stats border on the ridiculous. On the eve of an earnings season nobody has a clue about, the S&P 500 notches its best week in 46 years. About $4 trillion has been added to share prices, a few weeks after $10 trillion was sheared off.
6y agoMS LEHMQCalpers Forfeited a $1 Billion Payday by Scrapping Market HedgeBloombergThree years ago, America’s largest pension fund made an unusual investment. It bought so-called tail-risk protection, a kind of insurance against financial catastrophe. In a market meltdown like the one sparked by the coronavirus, the strategy promised a massive payout -- more than $1 billion.
6y agoMS LEHMQ AVGO MSFTRich Asians Face Billions in Losses on Popular Structured NotesBloombergA popular investment among Asia’s wealthy in the years of rock-bottom interest rates has been upended in the recent market rout, leaving investors facing losses estimated to be in the billions of dollars.
6y agoLEHMQTen Plagues and Four Questions: A Coronavirus PassoverBloombergIs the U.S. really back in a bull market, and other financial talking points for a coronavirus-affected festival.
6y agoABG APO LEHMQ ABNB+16Dealmakers Look Beyond Virus Crisis for M&A OpportunitiesBloombergIn the past seven days, a higher volume of deals has fallen apart than been announced. The stark statistic, aggravated by Xerox Holdings Corp. ending its hostile $35 billion bid for HP Inc., sums up dealmaking in the age of the coronavirus: companies dogged by uncertainty and faced with a sudden cash crunch have started reining in ambitious expansion plans.
6y agoC LEHMQJapan’s Recession Fears Deepen With Half of Economy in EmergencyBloombergHalf of Japan’s economy is set to enter a state of emergency as the government strengthens its response to the coronavirus, deepening fears that output will plunge by as much as 20% in the current quarter.
6y agoLEHMQ GSI Manage Money for a Living. Here’s What I’m Telling My Clients.BloombergDespite the impulse to do something, the best strategy truly is often to just sit tight.
6y agoLEHMQ NYT GSCredit May Be the Crisis Opportunity. No JokeBloombergGovernments will be reluctant to permit bankruptcies and defaults, as the post-Lehman bailouts showed.
6y agoLEHMQJapan Looks to Reinvent Its Cash Handouts for Better ResultsBloombergFollowing Donald Trump’s unveiling of $2 trillion in stimulus including cash payments, Japan is revisiting the idea of handouts despite their perceived failure during the global financial crisis.
6y agoLEHMQ IVZ BLK FMCC+9Supercharged Debt Bets Unravel and Expose Wall Street’s Big RiskBloombergFor years, regulators have tried to make the financial system safer by blocking banks from taking on the extreme leverage that almost toppled the industry in 2008. Turns out, the risks just moved.
6y agoLEHMQHit by Twin Shocks, Canadian Markets Face Treacherous RecoveryBloombergIn a span of about six weeks, Canadian stocks posted their swiftest ever descent from bull to bear market, the loonie tumbled, corporate credit spreads sprang to the widest since 2009 and liquidity all but vanished at times.
6y agoGS LEHMQJapan Lenders Tapping Fed Dollars for Clients, Bank Group SaysBloombergJapanese banks are scooping up cheap dollar funding from the U.S. Federal Reserve to satisfy demands for the currency from corporate clients during the coronavirus outbreak, according to the new head of a bank industry group.
6y agoLEHMQMarkets No Longer Know How to Define ‘Safe’BloombergThe prevailing feature of the recent turbulence is that nothing has really worked as it was supposed to work.
6y agoLEHMQ CCitigroup Sees Emerging Markets Step Closer to Capital ControlsBloombergAs the number of countries going into lockdowns to fight the coronavirus pandemic increases, emerging markets may institute capital controls, according to Citigroup Inc.
6y agoBAC C LEHMQStocks Rebound Signals Hope of Avoiding a Credit CrisisBloombergOnly the aftermath of the 1987 crash and the Lehman bankruptcy have seen bigger two-day gains since the war.
6y agoMTRI LEHMQTwenty-Nine Days of Carnage: The Canadian Market Rout in ChartsBloombergIt has been a month like no other in financial markets.
6y agoINTC FCX MU AAPL+2The Supply Chain Shock Is Going GlobalBloombergWant to receive this post in your inbox every day? Sign up for the Terms of Trade newsletter, and follow Bloomberg Economics on Twitter for more.
6y agoLEHMQ FHIMoney Fund Facility Shows Fed Trying to Preempt Credit CrunchBloombergThe Federal Reserve is not waiting to see flames before hosing down corners of the money market with emergency liquidity.
6y agoLEHMQ GSIf Ray Dalio Isn't Making Money Now, Neither Will YouBloombergThe coronavirus is upending traditional relationships between asset classes. Even the smartest money is failing the test.
6y agoLEHMQ BAC PEP DISHigh-Grade Bond-Fund Outflows Hit $35.6 Billion, Smashing RecordBloombergInvestors withdrew an unprecedented $35.6 billion from U.S. funds that buy up investment-grade debt this week as the global market rout from the spreading coronavirus intensified. At the same time, a record $249 billion poured into U.S. government money-market funds.
6y agoLEHMQFed Starts Emergency Program to Aid Money Market Mutual FundsBloombergThe Federal Reserve late Wednesday said it was launching a program to support money market mutual funds as the coronavirus continues to ripple through the financial system.
6y agoLEHMQTreasury Proposes to Guarantee Money Market Funds in StimulusBloombergThe Treasury Department proposed to temporarily guarantee money market mutual funds with taxpayer dollars as part of its coronavirus stimulus plan, according to a document obtained by Bloomberg News.
6y agoDAL LEHMQ GSSeeking an S&P 500 Profit Estimate in Rubble of Past RecessionsBloombergTrying to find the right price for stocks based on what recessions do to corporate earnings? You’ll need a view on where to rank the coronavirus among past threats to the U.S. economy.