Bank of England Holds Rates Steady

The Bank of England kept policy on hold and signaled that it is prepared to take further action to support the U.K. economy if rising coronavirus cases undermine recovery. 


 
MetLife to Buy Versant Health for $1.7 Billion

The company said the deal would turn it into the third biggest vision insurer in the U.S. and further a diversification push. 


 
A Million Mortgage Borrowers Fall Through Safety Net

Some homeowners don't know they qualify for a coronavirus relief program that allows them to delay home-loan payments, potentially leaving them vulnerable to foreclosure and eviction. 


 
Lacking Tools, Fed Pins Hopes on Powerful Words

Federal Reserve Chairman Jerome Powell used the word "powerful" 10 times in a press conference as the central bank hopes its words will persuade investors. 


 
Travelport Owners, Lenders Near Settlement of $1 Billion Debt Dispute

Elliott Management's Travelport Worldwide is nearing a restructuring settlement that would unwind a disputed $1 billion shareholder rescue and end a standoff with some of Wall Street's biggest debt buyers, people familiar with the matter said. 


 
Bond Investors Regain Appetite for Emerging Markets

The collapse of bond yields in the developed world is driving investors back into battered emerging markets, fueling gains despite a series of high-profile defaults and concerns about the pandemic's blow to fragile economies. 


 
Car Loans Dodge Distress for Now

Auto credit measures at big banks are holding up during the pandemic even as stimulus measures fade. Still, the all-clear signal for borrowers and lenders hasn't yet sounded. 


 
TD Asset Management Rolls Out Sustainability-Focused Funds

TD Asset Management said it has launched two mutual funds that will emphasize investments compatible with global sustainability. 


 
Financial Services Roundup: Market Talk

The latest Market Talks covering Financial Services 


 
Fed Sets Higher Hurdles for Rate Increase

The central bank pledged to support the economic recovery by raising the bar for increasing interest rates-and by signaling it expected to hold rates near zero for at least three more years.