Banks’ riskiest bonds advanced in Europe and Asia after panic subsided, and investors heeded regulators’ assurances that the wipeout in Credit Suisse Group AG’s Additional Tier 1 notes wouldn’t happen in their jurisdictions under similar circumstances.
The European Union is activating a crisis reserve for farmers in three eastern nations handling an influx of Ukrainian crops that’s lowering local prices.
The failure of the Swiss bank leaves a hole in the debt-for-nature market that analysts said could one day exceed $800 billion.
Turkish stocks may extend a selloff that’s sparked the worst quarterly decline since the onset of Covid as investors fret over political risk in the run-up to the presidential elections.
Oxford Nanopore Technologies Plc’s chief executive officer said the UK tech company would consider listing on a foreign exchange, amid growing scrutiny of London’s position as a global financial center.
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