General market unease in the first fiscal quarter of 2023 was evident. The back-to-back collapse of two regional banks spooked investors and the effects of two federal rate increases rippled through the market. Uncertainty in...more
The White House unveiled its 2023 budget to start the week, a document that outlines the Administration’s economic agenda for the year ahead. Among other proposals, the budget proposes “a new tax on American households worth...more
When 2019 began, the U.S. stock market had just hit the bottom of a 20% correction. An escalating trade war and rising interest rate worries were top of mind, and predictions of a looming recession were becoming more common....more
After the China Banking and Insurance Regulatory Commission announced 12 measures to open up China’s banking and insurance industry in May, the Financial Stability and Development Committee under the State Council announced...more
The U.S. State and Treasury Departments announced that a second round of sanctions will be imposed against Russia pursuant to the Chemical and Biological Weapons Control Act of 1991 (“CBW Act”). The most notable new measure...more
Blink, and it’s Jobs Report Friday again. Where does the time go? Here’s what we’re watching for in the numbers....more
The Monetary Authority of Singapore (MAS) launched its new Asian Bond Grant Scheme (the Scheme) on 9 January 2017 with the stated aims of strengthening the Asian bond market and encouraging Asian issuers to raise...more
One week after the publication of ordinance n°2017-748 dated 4 May 2017 regarding the role of security agents, the modernisation of French law continues with an in-depth reform of bond issues with ordinance n° 2017-970 dated...more
By volume, December wasn’t an incredible month for US jobs. But the report did help cap a year that saw average hourly earnings rise 2.9%—the best since 2009 and a “turning point for the overall economy,” according to one...more
In a closely watched battle over the DOL’s new fiduciary rule for retirement account investment advisers, the Labor Department has scored an early first victory. A DC federal judge ruled late last week that the rule at issue...more