Ron Rimkus, CFA, is Director of Economics & Alternative Assets at CFA Institute, where he writes about economics, monetary policy, currencies, global macro, behavioral finance, fixed income and alternative investments, such as gold and bitcoin (among other things). Previously, he served as SVP and Director of Large-cap Equity Products for BB&T Asset Management, where he led a team of research analysts, 300 regional portfolio managers, client service specialists, and marketing staff. He also served as a Senior Vice President and Lead Portfolio Manager of large-cap equity products at Mesirow Financial. Rimkus earned a BA degree in economics from Brown University and his MBA from the Anderson School of Management at UCLA. Topical Expertise:Alternative Investments · Economics
Pierre Wunsch, governor of the Belgian central bank, says domestic banks might be required to set aside extra capital against home loans. Lenders will be vulnerable if hit with a credit crunch because "net margins in the mortgage sector are too low," Wunsch says. MLex (subscription required) (18 Feb.)
The Securities and Exchange Commission has proposed allowing a wider range of companies to use the "test-the-waters" process, which lets prospective stock issuers discuss offerings with likely investors before bringing a deal to market. The process bars companies with more than $1 billion in yearly revenue. Pensions & Investments (free access for SmartBrief readers) (19 Feb.)
The list of companies planning to leave the UK is lengthening as Brexit approaches but no divorce agreement is in sight. The departure of Honda will eliminate 3,500 jobs, and the Netherlands says it has helped 42 companies relocate from the UK. Politico (19 Feb.)
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.