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17 Jun UPDATE 3-Facebook reveals Libra cryptocurrency, with lofty goals

Posted at 16:19h in News by KMFSLLP 0 Comments

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* Consumer privacy concerns and regulatory questions remain (Adds comments from French Finance Minister, U.S. Senator Mark Warner, graphic link; updates shares)

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17 Jun BoE’s Carney says keeping open mind on Facebook’s Libra

Posted at 16:11h in News by KMFSLLP 0 Comments

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Bank of England governor Mark Carney has said he is keeping an 'open mind' on the potential utility of Facebook's planned cryptocurrency, but warned it may face strict regulation if it takes off.

17 Jun Brussels threatens to cut off Swiss stocks trading access

Posted at 16:10h in News by KMFSLLP 0 Comments

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17 Jun UPDATE 3-EU-Swiss stock exchange sanctions loom as talks stall

Posted at 16:06h in News by KMFSLLP 0 Comments

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* EU threatens to push Swiss bourses out of EU market by June 30

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17 Jun UPDATE 2-European stocks at six-week high as ECB’s Draghi hints at stimulus

Posted at 15:58h in News by KMFSLLP 0 Comments

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* ECB chief points to more action if economy does not improve

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17 Jun UPDATE 1-Active U.S. equity funds lose $12.9 bln to outflows in May -Morningstar

Posted at 15:49h in News by KMFSLLP 0 Comments

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Passive U.S. equity funds recorded $2.7 billion in outflows while active U.S. equity funds lost $12.9 billion to outflows in May, Morningstar reported on Tuesday, underscoring a long-term shift away from active equity managers.

17 Jun UPDATE 2-Italian bank Creval to shed bad loans as M&A beckons

Posted at 15:44h in News by KMFSLLP 0 Comments

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Italian mid-sized bank Creval said on Tuesday it would shed risky assets and streamline its business in an effort to become more attractive to a potential merger partner.

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17 Jun UPDATE 1-EU issues “green” investment guide to help combat climate change

Posted at 15:09h in News by KMFSLLP 0 Comments

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The European Commission sought to boost the flow of private money to tackle climate change on Tuesday by publishing guidelines on what qualifies as environmentally friendly investment, in a move welcomed by the financial industry.

17 Jun UPDATE 2-Berlin’s ballooning rents to be frozen for five years

Posted at 15:09h in News by KMFSLLP 0 Comments

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* Rent freeze could be applied elsewhere (Adds analyst, Deutsche Wohnen CEO, background)

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17 Jun TREASURIES-U.S. yields tumble after Draghi comments on possible easing

Posted at 14:57h in News by KMFSLLP 0 Comments

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U.S. Treasury yields sank on Tuesday, in line with Europe, weighed down by comments from European Central Bank President Mario Draghi hinting at more stimulus if the region's inflation fails to pick up toward its target. U.S.

News

17 Jun UPDATE 3-Facebook reveals Libra cryptocurrency, with lofty goals

17 Jun BoE’s Carney says keeping open mind on Facebook’s Libra

17 Jun Brussels threatens to cut off Swiss stocks trading access

17 Jun UPDATE 3-EU-Swiss stock exchange sanctions loom as talks stall

17 Jun UPDATE 2-European stocks at six-week high as ECB’s Draghi hints at stimulus

17 Jun UPDATE 1-Active U.S. equity funds lose $12.9 bln to outflows in May -Morningstar

17 Jun UPDATE 2-Italian bank Creval to shed bad loans as M&A beckons

17 Jun UPDATE 1-EU issues “green” investment guide to help combat climate change

17 Jun UPDATE 2-Berlin’s ballooning rents to be frozen for five years

17 Jun TREASURIES-U.S. yields tumble after Draghi comments on possible easing

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