The latest global credit crunch is turning the tables on emerging market investors and borrowers.

Bonds in the niche sector have finally buckled in the light of the bearish corporate bond markets in Western Europe and the US - despite continued strong economic fundamentals in the region.

Jeremy Adams

Deutsche Bank

The rush to AI in the financial sector risks more data breaches

Inside Richard Oldfield’s ‘huge leap forward’ at Schroders

Morgan Stanley set to shift some London compliance roles to Glasgow

Morgan Stanley taps former BlackRock executive for UK board role

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Anna Khazen joins the Wall Street bank’s international arm

Citigroup overhauls debt capital markets team in Europe

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The unit has faced senior departures in recent months. Citigroup has now combined teams and named new leaders

Fidelity International hires Axa IM’s Le Morhedec as global fixed income CIO

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Axa IM veteran joins after more than 20 years with the Paris-headquartered group

The required capital increase will be achievable for the banking giant and shouldn’t excessively reduce its shareholder distributions, the Swiss National Bank said.

Switzerland’s New Capital Rules Will Be Feasible for UBS, Central Bank Says

The rise in U.S. tariffs announced in early April would have a significant impact on economic growth over coming years, the central bank said in its quarterly outlook.

Irish Central Bank Warns U.S. Policy Could Lead to Slower Growth, Higher Debt

Irish Central Bank Warns U.S. Policy Changes Could Lead to Slower Growth, Higher Debt

Nonbank lenders like Affirm are cultivating stables of large financing partners to ensure they have sufficient capital to lend, even when public debt markets freeze up.

Prudential Unit Lends $500 Million in Private Credit to Affirm 

Issuers of digital currencies need Treasury bills for their reserves, but analysts say the consequences are uncertain.

Stablecoin Legislation Will Juice Demand for Treasurys—to a Point

The two-job trend these days is about necessity, not pursuing a passion.

Americans Are Side Hustling Like We’re in a Recession

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Global crunch turns the tables

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