金融时报-11-25

Briefingi Europe’s big banks in $280bn US retreatDeutsche Bank, Credit Suisse, UBS and Barclayshave cut assets from their main Wall Street holdingcompanies in the past three years as they movedbusiness away from the glare of regulators.— PAGE 6i Brazil halts reform amid LatAm unrestPresident Jair Bolsonaro’s administration has put onhold an overhaul of the bloated public sector, whichwill include a wage freeze and job cuts, as protestscontinue in Colombia, Bolivia and Chile.— PAGE 4i France sets conditions of UK-EU tradeJean-Baptiste Lemoyne, the minister responsiblefor commerce, has told the FT that the EU is readyfor “unique” trade ties with the UK after Brexit ifBritain commits to the bloc’s standards.— PAGE 2i Bloomberg announces White House bidBillionaire businessman andformer mayor of New YorkMichael Bloomberg has said hewill join a crowded field ofDemocrats vying to take onDonald Trump in 2020.— PAGE 3i Netanyahu pressed to quit after chargesRivals from his ruling Likud party have lined upwith opposition leaders to take shots at thefour-term Israeli premier since charges of bribery,fraud and breach of trust were unveiled.— PAGE 4i Novartis in $9.7bn deal for US drugmakerThe Swiss pharmaceutical company has agreed acash deal to acquire The Medicines Company,betting that the US business will come good on anew drug designed to control cholesterol.— PAGE 6i Chinese police say defector is fraudsterAuthorities in Shanghai have said the fugitive whowent public in Australia this weekend with detailsof alleged Chinese intelligence activities in HongKong and Taiwan is a convicted fraudster.— PAGE 3DatawatchRevamping HSBCInterim bosses roll the dice withradical overhaul — COMPANIES, PAGE 8Give me a breakSabbaticals are good for employersand workers — PILITA CLARK, PAGE 20Are we there yet?Driverless cars tackle the finalstretch to market — BIG READ, PAGE 17MONDAY 25 NOVEMBER 2019WORLD BUSINESS NEWSPAPEREUROPEWorld MarketsSTOCK MARKETSNov 22Nov 15%WeekS&P 5003110.293120.46-0.33Nasdaq Composite8519.898540.83-0.25Dow Jones Ind27875.6228004.89-0.46FTSEurofirst 3001582.361590.42-0.51Euro Stoxx 503687.323711.61-0.65FTSE 1007326.817302.940.33FTSE All-Share4045.744031.990.34CAC 405893.135939.27-0.78Xetra Dax13163.8813241.75-0.59Nikkei23112.8823141.55-0.12Hang Seng26595.0826323.691.03MSCI World $2270.36-MSCI EM $1044.58-MSCI ACWI $542.35-CURRENCIESNov 22Nov 15$ per €1.1031.105$ per £1.2831.290£ per €0.8600.857¥ per $108.655 108.735¥ per £139.410 140.307SFr per €1.0991.093€ per $0.9060.905Nov 22Nov 15£ per $0.7790.775€ per £1.1631.168¥ per €119.885 120.174£ index79.79679.542SFr per £1.2781.277COMMODITIESNov 22Nov 15%WeekOil WTI $57.8957.840.09Oil Brent $63.4963.400.14Gold $1467.051466.650.03INTEREST RATESpriceyieldchgUS Gov 10 yr128.941.770.00UK Gov 10 yr146.980.61-0.05Ger Gov 10 yr-0.36-0.04Jpn Gov 10 yr118.78-0.080.03US Gov 30 yr110.652.21-0.01Ger Gov 2 yr105.70-0.63-0.01priceprevchgFed Funds Eff1.832.04-0.21US 3m Bills1.581.570.01Euro Libor 3m-0.45-0.450.00U