- A major trigger of last week's market sell-off was the steady but unrelenting climb in U.S. Treasury yields.
- Credit Suisse's Global Head of Technical Analysis believes the surpassing of 3.05 percent on the 10-year U.S. Treasury yield could signal a bond bear market.
- Many experts hold that no specific level necessarily means a bear market, and that judgement is subjective.
WhatsApp messaging between RMs and clients raising compliance concerns
Internet giants battle to lure banks into cloud
As commercial banking and trading move towards a more high-touch and personalised service while also staying in line with regulations – so financial firms will need greater insights from data. Artificial intelligence can help detect fraud in petabytes of data, while the internet of things – a network of physical devices – helps them track customer behaviour.