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Calpers will continue to monitor developments at Pimco, and will conduct a thorough analysis of his exposure managed by the firm. Calpers has no plans at this time to make changes with his Pimco mandate...
Normalisation of monetary policy in the West is the most significant challenge facing markets after an unprecedented period of low interest rates. Given the levels of debt, the process will necessarily take a long time and the repercussions on the rest of the global economy (...)
After ten years of strong growth, the Indonesian economy is slowing considerably. This is because of the falling Chinese demand for commodities, the gradual normalisation of US monetary policy and an inevitable decline in government (...)
According to SNL Financial, for Germany’s banks, the ECB stress test highlights poor returns and profitability, rather than their asset quality.
Alain Papiasse, Deputy Chief Operating Officer for the BNP Paribas Group, will also become the Group’s General Management representative for the North American region...
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