Turkey’s central bank has told commercial lenders they must get more customers to put their money in an emergency savings scheme created to protect the lira and asked them to stop using loopholes that create new demand for dollars.
The sudden $4 billion outflow from BlackRock shows how concentration risk is making a bad situation worse for sustainable investment.
About 31,000 funds are about to have their ESG scores lowered at MSCI Inc., as the firm’s ratings unit works through a major overhaul of its methodology in response to feedback from market participants.
The European Securities and Markets Authority said it is scrutinizing the market for credit default swaps after recent trading activity amplified turmoil for banking stocks.
Oil rose after its first drop in three sessions as the dollar weakened and financial markets strengthened.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}