Cut through the corporate
Themes
Feature: Private Credit
The Inexorable Rise of Private Credit
The private credit market has grown tenfold since 2007, and some project it could reach $3.5 trillion by 2028. With more retail investment, the universe of borrowers expanding, and increasing regulatory scrutiny, what will the next chapter of its growth look like?
The Latest
Worried about putting something with “catastrophe” in the name into your portfolio? Howden’s……
Differences between U.S. and EU uncleared margin rules add complications…
INSITE 2024
As private markets have grown in size, the number of public companies listed…
There were less than 3,000 private large cap companies in the early 2000s: today…
Artificial Intelligence is already transforming the labor-intensive work of…
The computing power of AI is growing at a 10X annual rate. That’s comparable to…
Feature: T+1 Market Impact
T+1: Late for a Very Important Date?
Despite significant progress in preparing for one-day securities settlement in North America, there are potential pain points in funding and FX liquidity that could make for some turbulence in the first few months, especially for some in Asia.....
Who stands to benefit from the move to one-day trade settlement…
What does moving to T+1 tell us about a potential move to T+0? RJ Rondini…
Why will collateralizing trades be such a challenge in the transition…
What does the transition to T+1 tell us about whether financial markets…
One-day settlement for securities in the U.S. could bring a host…
How could time zones and global operations affect Asian firms’ ability to …
What percentage of trades would not meet the affirmation deadline for…
Market Structure
Differences between U.S. and EU uncleared margin rules add complications…
From our vantage point, most participants are ready for T [plus] one and those…
Differences between U.S. and EU uncleared margin rules add complications…
Digital collateral is a very interesting space. So outside of pure collateral…
One exciting trend happening in collateral is buy-side firms creating a…
Macro
Innovation
The computing power of AI is growing at a 10X annual rate. That’s comparable to…
Artificial Intelligence is already transforming the labor-intensive work of…
How is artificial intelligence (AI) changing BNY Mellon?…
What needs to happen for people to embrace artificial intelligence in the workplace?…
To what extent can AI help firms reduce losses from financial…
How can artificial intelligence help optimize private equity…
Are artificial intelligence investments worth it? Priya Gore of…
Modernizing Payments
How could real-time data streaming improve corporate bank relationships? Rafael Otero, Head of…
Today’s repo market infrastructure can present challenges to participants around liquidity and…
How could does tokenization enhance security in real-time payments? Elena Whisler, Chief…
Through the use of embedded payments, CFOs are helping their organizations to improve customer…
Treasury and finance teams need to prepare for how the growth of real-time payments will be…
What obstacles might corporate suppliers encounter as they try to capture the full benefits of…
Feature: Repo Funding Strains?
The Making of a Money Squeeze?
Ten-year yields have been on the rise lately. How are retail and...
Feature: Treasury Market Reform
A Wider Safety Net For Treasurys May Have Pitfalls
A new central clearing rule looks set to shake the foundations of the $27 trillion Treasury market, at one of the most challenging time for the U.S. government and investors.
Learning to Live With More Treasury Debt
The $27tr Treasury market is awash with supply at a time when some critical sources of demand have pulled back. Read more about what this could mean for yields and investor sentiment.
An expanded #CentralClearing mandate by the Securities and Exchange Commission for U.S. Treasury…
One potential problem with current #Treasury-market clearing methods is that a counterparty may…
The implementation of a broader mandate for the central clearing of Treasurys and repos may give…
Industry News
Treasury and Risk
Bedrock Wall Street Rules Threatened by Supreme Court Ruling
The Wall Street Journal
World’s Most Successful Political Party Stares at Sweeping Defeat in U.K. Election
Financial Times
Will political turmoil sink French bonds?
Bloomberg
US Job Market Shows More Signs of Slowing in ADP and Claims Data
Bloomberg
Lagarde Says ECB Doesn’t Need Services Inflation at 2%
Reuters
US Labor Market Steadily Easing Despite Rise in Job Openings
The Wall Street Journal
Powell Talks Up Progress, Putting Rate Cuts Back Into View
Financial Times
French Left and Centrists Pull Candidates from Run-Off Vote in Attempt To Block Far Right
Pensions & Investments
BlackRock to acquire private markets data firm Preqin in $3.2 billion deal
Bloomberg
24-Hour Stock Trading Is Booming – and Wall Street Is Rattled
The Wall Street Journal
Even a Slowly Cooling Labor Market Often Ends With a Recession
Financial Times
RN opponents race against time to keep far right out of power
Pensions & Investments
Supreme Court rules SEC’s in-house enforcement unconstitutional
The Wall Street Journal
Macron Runs France Like a CEO. His Customers Aren’t Happy.
Financial Times
Federal Reserve’s preferred inflation metric edges down to 2.6%
Bloomberg
Biden Struggles as He Spars With Trump on Economy: Debate Takeaways
Pensions & Investments
Will private credit pass the test in a bankruptcy cycle? Northwestern University CIO Amy Falls has questions.
Bloomberg
Fed History Shows Crises Not Calibration Drive Deep Cuts
Financial Times
Top US banks withstand annual ritual of Federal Reserve ‘stress tests’
The Wall Street Journal
Riksbank Holds Rate Steady But Sees Two or Three Cuts Later This Year
Financial Times
Japanese yen falls to weakest level since 1986
Bloomberg
Bond Market in Step With Fed Is About to Slam Into US Election
The Wall Street Journal
Want to Bet on the CPI or Jobs Report? A Prediction Market Is Coming to This Brokerage
Pensions & Investments
Fed governors say time not yet right for rate cuts
Pymnts
Banking-as-a-Service Upheaval Will Stabilize
Financial Times
Canadian inflation rises unexpectedly, three weeks after pioneering rate cut
Bloomberg
US Consumer Confidence Declines on Weaker Outlook for Economy
The Wall Street Journal
EU Recommends Disciplinary Action Against France for Excessive Deficit
Finextra
AI to impact more than half of banking jobs - Citi
Aerial View Insights
Could a mature repo market boost appetite for African government bonds?
Emerging payment tools, such as real-time payments and digital wallets, are popular.
Banks migrating to ISO 20022 can enable a new era in commerce.