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Archegos Capital

ECB to inspect loans to shadow banks after Greensill, Archegos fiascos

ECB to inspect loans to shadow banks after Greensill, Archegos fiascos

  • The area has come under sharper scrutiny following the demise this year of supply-chain lender Greensill and Archegos, a family office run by former Tiger Asia manager Bill Hwang.
  • "What concerns me the most is that sometimes banks themselves don't have visibility on the portfolio of these entities," he said in an interview.
Published 06 May, 2021 05:41pm
Dollar gains as investors bet on strong US recovery
Markets

Dollar gains as investors bet on strong US recovery

  • Investors will watch closely the monthly US nonfarm payrolls on Friday, with Federal Reserve policymakers so far citing slack in the labor market for their continued lower-for-longer stance on interest rates.
Published 31 Mar, 2021 11:32am
Aussie, kiwi up
Business & Finance

Aussie, kiwi up

SYDNEY: The Australian and New Zealand dollars were slightly higher on Tuesday, as risk appetite in Asia recovered...
Published 31 Mar, 2021 05:42am
Dollar hits 1-year high versus yen as inflation worries lift yields
Markets

Dollar hits 1-year high versus yen as inflation worries lift yields

  • In cryptocurrencies, bitcoin pushed back above $58,000 overnight after Visa Inc said it would allow the use of cryptocurrencies to settle transactions on its payment network, in the latest sign of growing acceptance of digital currencies on both Wall Street and Main Street.
Published 30 Mar, 2021 10:45am