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“Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. US equity futures decline, Treasury yields rise amid investor bets that the rest of the world's stocks would outperform US stocks. President Trump appears to disengage from truce talks between Ukraine and Russia. House Republicans fail to arrive at an agreement on the SALT deduction cap ahead of a vote on a landmark tax bill. Home Depot reports before the bell. Conoco Philips CEO Ryan Lance says he expects a return of moderated US shale production growth. Erik Nelson of Wells Fargo says the dollar will weaken if the US exceptionalism story continues to fade. (Source: Bloomberg)...
BlackRock Inc.'s recently acquired unit, Global Infrastructure Partners, is opening an office in Doha in a boost for Qatar's nascent efforts to attract global financial firms....
JPMorgan Chase & Co. reclassified Qatar and Kuwait as developed markets and will soon start their removal from its Emerging-Markets Bond Index in a phased manner. It also said the United Arab Emirates may be taken out of the cluster next year....
Morgan Stanley picks Al-Abdulla to head Qatar business By Federico Maccioni DUBAI, Dec 18 (Reuters) - Morgan Stanley MS.N has hired fund manager Abdulrahman Al-Abdulla as head of its business in Qatar, as the Wall Street bank continues its expansion in the region and tries to tap into a predicted rise in deal volumes in the wealthy Gulf state. A spokesperson for Morgan Stanley confirmed the appointment of the executive, who will report to the bank's co-head of Middle East and North Africa (MENA)...
UPDATE 1-UK regulator fines Barclays $51 mln over disclosures related to Qatar dealings Updates with details from FCA statement, Barclays statement Nov 25 (Reuters) - Britain's financial regulator said on Monday it had fined Barclays BARC.L 40 million pounds ($50.9 million) in total for its failure to disclose certain arrangements with Qatari entities in 2008. The fine by the Financial Conduct Authority dates back to the height of the 2008-9 financial crisis, when Barclays scrambled to raise fun...
UK financial regulator fines Barclays $51 mln over disclosures related to Qatar dealings Nov 25 (Reuters) - Britain's financial regulator on Monday fined Barclays BARC.L 40 million pounds ($50.9 million) in total for its failure to disclose certain arrangements with Qatari entities in 2008. ($1 = 0.7955 pounds) Reporting by Aby Jose Koilparambil in...