Funding & Business
Evercore's Schlosstein on Economy, Fed and NYC Mayoral Race
Evercore Chair Emeritus Ralph Schlosstein says the US economy is in solid shape and the Federal Reserve is correct to stay patient on rates. Speaking with Romaine Bostick on “Bloomberg The Close,” Schlosstein also comments on the federal spending bill and the New York City mayoral race. (Source: Bloomberg)
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Treasuries are holding their ground following the longest streak of declines since April as investors look ahead to a US debt auction and the minutes from last month’s Federal Reserve meeting.
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Two Singapore-based senior loan distribution bankers are leaving Sumitomo Mitsui Banking Corp, according to people familiar with the matter.
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