Bill Gross of Janus blames Fed for 'fake markets'

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Bill Gross of Janus blames Fed for ‘fake markets’

Influential bond investor Bill Gross of Janus Henderson Investors said on Monday that financial markets are artificially compressed and capitalism distorted because of the U.S. Federal Reserve’s loose monetary policy.

“I think we have...

Commerzbank, other banks join UBS and IBM trade finance blockchain

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Commerzbank, other banks join UBS and IBM trade finance blockchain

Commerzbank, other banks join UBS and IBM trade finance blockchain:- Commerzbank AG, Bank of Montreal, Erste Group Bank AG and CaixaBank SA have joined an initiative launched by UBS Group AG and IBM Corp aimed at building...