UK banks could handle ‘disorderly Brexit’

The UK's banks could cope if Britain leaves the European Union in a "disorderly Brexit" in 2019, the Bank of England has said. For the first time since the financial crisis, all of the UK's biggest lenders have passed the Bank's stress tests. The tests of adverse economic scenarios discover if the banks could continue … Continue reading UK banks could handle ‘disorderly Brexit’

House Ways and Means Committee Chairman Kevin Brady says he's confident that Senate Republicans will find a way to "stand and deliver" on a tax reform bill. The ball is in the Senate's court," he says. House Ways and Means Committee Chairman Kevin Brady said Tuesday that he's confident that Senate Republicans will find a … Continue reading

Top House tax writer Brady: I’m confident the Senate will find a way to ‘stand and deliver’ on taxes

House Ways and Means Committee Chairman Kevin Brady says he's confident that Senate Republicans will find a way to "stand and deliver" on a tax reform bill. The ball is in the Senate's court," he says. House Ways and Means Committee Chairman Kevin Brady said Tuesday that he's confident that Senate Republicans will find a … Continue reading Top House tax writer Brady: I’m confident the Senate will find a way to ‘stand and deliver’ on taxes

Morgan Stanley predicts 2018 will be ‘tricky’ for global economies; says sell US corporate bonds

Morgan Stanley's Andrew Sheets expects U.S. economic growth to moderate as it moves deeper into the later innings of the current economic cycle. In China, Sheets expects the economy to slow down amid policy uncertainty. Sheets remains optimistic about the global economy so long as economies like Brazil and India pick up the slack, "but … Continue reading Morgan Stanley predicts 2018 will be ‘tricky’ for global economies; says sell US corporate bonds