Bhinneka News Online: Credit Suisse to redeem popular exchange-traded volatility notes

Tuesday, 6 February 2018

Credit Suisse to redeem popular exchange-traded volatility notes

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Tuesday, February 6, 2018

Credit Suisse to redeem popular exchange-traded volatility notes

ZURICH/NEW YORK (Reuters) - Credit Suisse said on Tuesday it would redeem early one of the most popular exchange-traded notes following Monday's steep decline in financial instruments that bet against wild downward swings in the markets.

Emerging markets suffer $4 billion outflows, biggest since U.S. election, IIF says

LONDON (Reuters) - Investors have pulled nearly $4 billion out of emerging markets since Jan. 30, according to data from the Institute of International Finance (IIF) - the biggest slump since the 2016 U.S. presidential election.

Bond bears smell blood, others claw for buying opportunity

NEW YORK (Reuters) - Some of the biggest U.S. investors believe the bond market has slipped into a bear phase. Others believe it has turned into one of the best buying opportunities in years.

Stock sell-off overdue, investors lick their wounds and hunt

The speed of Monday's jaw-dropping sell-off on Wall Street had traders and investors bumped and bruised. But few seemed surprised that a pullback had actually happened. Some were looking for the right time and opportunity to wade back in - but wary of catching a falling knife.

BlackRock warns of risk as inverse volatility products sink

(Reuters) - BlackRock Inc, the world's largest asset manager, warned of the risk of so-called inverse Exchange-Traded Products (ETPs) following Monday's steep decline in financial instruments that bet against wild downward swings in the markets.

Wall Street plunges, S&P 500 erases 2018's gains

(Reuters) - U.S. stocks plunged in highly volatile trading on Monday, with both the S&P 500 and Dow Industrials indices slumping more than 4.0 percent, as the Dow notched its biggest intraday decline in history with a nearly 1,600-point drop and Wall Street erased its gains for the year.

Financial firm websites falter Monday amid Dow's downturn

NEW YORK (Reuters) - Several major financial services firms faced technical service glitches on their apps or websites during Monday's volatile trading session, according to the companies and a monitoring service.

You need to do some math on your new paycheck

NEW YORK (Reuters) - When I received my first paycheck reflecting the new tax law, I was worried.

Senators urge Trump administration to resume Equifax probe

WASHINGTON (Reuters) - Democratic senators and consumer advocates on Monday urged the Trump administration to resume an investigation into how Equifax failed to protect the personal data of millions of consumers after Reuters reported that the head of the U.S. consumer watchdog has pulled back on the existing probe.

Fed restrictions continue to badger Wells Fargo; U.S. banks down

(Reuters) - Wells Fargo & Co's shares fell as much as 9.4 percent to $58.05 on Monday, sparking a sector-wide sell off after the Federal Reserve imposed regulatory restrictions on the bank, forcing it to improve its governance and controls in the wake of the sales scandal.