Abhinav Ramnarayan
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Barclays shifts ownership of European branches to Irish unit
Barclays has begun shifting direct ownership of its French, German and Spanish branches from a British-based entity to its Irish bank, according to sources with direct knowledge of the plans, ahead of Britain’s exit from the European Union.
Corporate bond gravy train slows
Some of Europe’s biggest money managers are slashing exposure to companies’ bonds and some are even shorting them, betting that stress is building in a market that enjoyed impressive gains over the past half-decade of rock-bottom borrowing costs.
Corporate bond gravy train slows after five-year express ride
Some of Europe’s biggest money managers are slashing exposure to companies’ bonds and some are even shorting them, betting that stress is building in a market that enjoyed impressive gains over the past half-decade of rock-bottom borrowing costs.
