03/17/2020
The price of Unicredit's perpetual bonds, callable from June 2023, fell to EUR80 ($89.30), from around EUR113 in mid-February, indicating investors see a significant risk its capital could be depleted enough to trigger the bonds' conversion to e
03/17/2020
Hedge funds engage in the practice of ‘shorting’ by borrowing a stock from an institutional investor, such as a pension plan, and selling it back at a profit when the price drops.
03/16/2020
ESMA considers that the current circumstances constitute a serious threat to market confidence in the EU, and that the proposed measure is appropriate and proportionate to address the current threat level to EU financial markets.