Wall Street banks return to Russian bond trading
Players including JP Morgan, Bank of America and Citigroup have started dealing in Russian bonds again after new Treasury guidelines gave the go-ahead, according to Reuters.
Players including JP Morgan, Bank of America and Citigroup have started dealing in Russian bonds again after new Treasury guidelines gave the go-ahead, according to Reuters.
The Federation of European Securities Exchanges, the London Stock Exchange and MSCI are among the entities condemning Russia’s actions.
With the Moscow Stock Exchange shuttered until at least 5 March, fund managers are rapidly attempting to unwind their Russian positions.
TradeTech FX Europe panellists highlight escalating trade war between the US and China as biggest risk for global FX markets.