Bloomberg Nachrichten

 

Some banks in Switzerland are overly lax in approving mortgages at a time when there's a growing risk of a correction in houses prices, the head of Swiss financial regulator Finma said in an interview with Blick newspaper....

Six months after BNP Paribas SA investors voted to extend the almost 14-year tenure of Jean-Laurent Bonnafe, the Chief Executive Officer is trying to reassure them that he hasn't lost his touch....

S&P Global Ratings removed its default rating for Zambia, five years after the country missed a dollar bond payment in 2020 and became Africa's first pandemic-era sovereign defaulter....

TPG Capital LP and Warburg Pincus are in early talks to buy a stake in Sirion Labs Pvt., a Partners Group Holding AG-backed software business managing and automating contracts, according to people familiar with the matter....

Defense and cybersecurity contractor ManTech International Corp. scrapped a planned $2.3 billion leveraged loan sale amid weak demand, according to people with knowledge of the matter, opting to raise funds from private credit lenders instead....

Canada Post Corp. and its main union reached “agreements in principle,” raising hopes that weeks of rotating strikes that disrupted mail and parcel deliveries nationwide could finally come to an end ahead of the holiday season....

Markets have lost their enthusiasm for Japan's new Prime Minister Sanae Takaichi, with about $127 billion wiped off the value of Tokyo-listed stocks over the past week and sharp declines in the yen and government bonds....

Japanese markets have had a turbulent week as both the yen and government bonds were pressured by fears sparked by Prime Minister Sanae Takaichi's large spending plans....

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Morgan Stanley's Michelle Weaver, Loop Capital Markets' Anthony Chukumba, Cambridge Associates' Andrea Auerbach, JP Morgan Asset Management's Meera Pandit, Centerbridge Partners' Jeff Aronson, Catch Hospitality Group's Eugene Remm, Levain Bakery's Connie McDonald and Pam Weekes. (Source: Bloomberg)...

The wedding of a tea-shop chain entrepreneur and a solar-panel heiress is set to offer a rare glimpse into the next generation of China's ultra-wealthy....

After President Trump gave a royal welcome to Saudi Arabia's Crown Prince Mohammed bin Salman, the Kingdom's strategic shift from petrochemicals to technology is expected to materialize in the form of investment. We break down what investors can expect with Basilinna's Deborah Lehr and Council on Foreign Relations' Steven Cook. (Source: Bloomberg)...

Canva Inc., Australia's most high profile startup, has had a surge in users of its new product suite as it builds toward listing as a public company, one of its founders said....

A mortgage loan for Chicago's Bank of America Tower is being refinanced with $700 million in bonds, a rare bright spot for the city's beaten-down real estate market, according to people familiar with the matter....

Billionaire hedge fund manager Bill Ackman is revving up a long-anticipated plan to hold an initial public offering for his Pershing Square Capital Management, the Financial Times reported, citing unidentified people with knowledge of the matter....

Meera Pandit, Executive Director and Global Market Strategist at JPMorgan Asset Management, says the Fed may hold rates in December and then cut gradually next year, likely no more than two to three times. She tells Katie Greifeld and Romaine Bostick on “The Close” that the recent uptick in unemployment is concerning. (Source: Bloomberg)...

Andrea Auerbach, Cambridge Associates' Global Head of Private Investments, says the firm expects private markets to trough in 2026, with stronger exit and fundraising activity than in 2025. She tells Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)...

Hedge funds were caught on the wrong side of a sharp two-day swing in the stock market, rushing to protect against losses on Thursday only to unwind those positions a day later as prices snapped back....

Connie McDonald and Pam Weekes, co-founders of Levain Bakery, discuss rising food costs, consumer strength, and the release of their first cookbook with Romaine Bostick and Katie Greifeld on “The Close.” McDonald says people always seem to want a treat, “in good times or bad.” (Source: Bloomberg)...

Zillow Group Inc. urged a federal judge to reject a request by Compass Inc. to temporarily block the home-search site from employing a policy banning listings that have been publicly marketed elsewhere first....

American International Group Inc. will hand a multimillion-dollar payout to insurance executive John Neal, even as the executive's employment ended before he joined the firm....