Italy Looks to Draw Mom-and-Pop Investors to Bond Market

Italy's debt-laden government plans to tap mom-and-pop investors with a new bond whose payout will be partially linked to the country's economic growth. 


 
Investing Giants Gave Away Voting Power Ahead of Shareholder Fight

GameStop shareholders vote this week to resolve a fight over the embattled videogame retailer's board. But the company's largest investors won't cast much of a vote. 


 
China's Companies Find Ways to Avoid Bond Blowups

Chinese companies are avoiding or minimizing bond defaults, even as the economy shrinks for the first time in decades. Some methods include asking creditors to wait longer for repayment or forgo the right to redeem bonds early. 


 
Fed Officials Project No Rate Increases Through 2022

Federal Reserve officials projected no plans to raise interest rates through 2022 and said they were committed to providing more support to the economy following shutdowns to contain the coronavirus. 


 
Equifax's Latest Breach Settlement Is Skimpy to Plaintiffs, Critics Say

Most of the money would go to security measures at Equifax, not to community banks and credit unions affected by the breach. 


 
Financial Services Roundup: Market Talk

The latest Market Talks covering Financial Services 


 
High-Profile Investor Calls Out HSBC, Standard Chartered on Hong Kong Stance

A high-profile investor in HSBC Holdings and Standard Chartered has criticized the London-based banks for supporting China's plan to impose a new national security law on Hong Kong, calling on them to speak out if it results in abuse of democratic freedoms. 


 
1MDB's Suspected Mastermind Found New Ways to Move Money in Kuwait

The Kuwaiti royal family provided Jho Low means to fend off U.S. and Malaysian investigators who accuse him of masterminding the plunder of Malaysian state investment fund 1MDB. 


 
Kirkland & Ellis Resigns From Travelport Over Disputed $1 Billion Debt Deal

Kirkland & Ellis has resigned from representing Travelport after arranging a debt deal for the travel-booking site that is said to have angered some of the law firm's Wall Street clients, according to people familiar with the matter. 


 
Rally in Europe's Riskiest Corporate Bonds Masks Lagging Sales

Spreads have tightened in the junk-bond market as investors seeking better returns pour money into a market that has seen a dearth of new bond sales.