+24°New York
  • Gold 4 114 ▼ 1.52%
  • Silver 55.81 ▼ 5.67%
  • Brent crude 106.17 ▲ 0.45%
  • Bitcoin 81 577 ▼ 1.83%
  • Nikkei 225 67 744 ▼ 0.05%
  • Shanghai Composite 3 767 ▼ 0.89%
  • MOEX Russia 2 417 ▼ 0.09%
  • DAX 25 299 ▲ 0.15%
  • CAC 40 7 873 ▲ 0.58%
  • SMI 14 130 ▲ 1.45%
  • FTSE 100 10 725 ▲ 0.70%
  • S&P 500 7 705 ▼ 1.29%

Chile Lawmakers Demand Answers on Pension Fund Swap Losses

Bloomberg 1 h ago

Chilean lawmakers are seeking explanations from regulators over how privately managed pension funds were allowed to build up massive bets on US interest rates that are now triggering heavy losses.

This is a short extract from a report by Bloomberg. The full text stays with the publisher — follow the link to read it there.

Read at source

Business

More