HALISTER: Moody’s Settles Calpers Ratings Lawsuit for $130 Million (1)

Moody’s Settles Calpers Ratings Lawsuit for $130 Million (1)

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
3261Z US (California Public Employees' Retirement System)
MHFI US (McGraw Hill Financial Inc)
MCO US (Moody's Corp)

People
Matthew Jacobs (California Public Employees' Retirement System)
Michael Adler (Moody's Corp)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283

HALISTER: JPMorgan Trader Aviner Said to Leave for BlueCrest in London

JPMorgan Trader Aviner Said to Leave for BlueCrest in London

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
JPM US (JPMorgan Chase & Co)
271115Z LN (BlueCrest Capital Management Services Ltd)

People
Roy Aviner (JPMorgan Chase & Co)
Adam Aron (Bluecrest Capital Management UK LLP)
Edward Orlebar (BlueCrest Capital Management Services Ltd)
Michael Platt (Bluecrest Capital Management UK LLP)
Nikki Martin (Bluecrest Capital Management UK LLP)

Topics
Who's News - People
Financial Firm Departures

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283

HALISTER1: Brazilian Real, DI Anticipating Govt Shift, Analysts Say

Brazilian Real, DI Anticipating Govt Shift, Analysts Say

(Bloomberg) -- Brazilian real’s recent gains reflect hopes of a political shift, opening room for BCB to cut rates as the stronger currency could help fight on inflation, analysts say.
  • NOTE: BRL +1.66% at 3.6935 vs USD, vs ~4.00 two weeks ago; DI rates drop, Jan 17 -21.5bp, 13.835%; curve shows increasing odds of rate cut
  • Signals that PMDB, biggest Rousseff ally, may withdraw its support for govt and protests expected for Sunday are leading market to bet on stronger BRL, Leonardo Monoli, director at investment firm Jive says in a phone interview
    • USD drop may help to improve CPI expectations; DI rates also drop after Valor reported that some BCB directors are already considering a cut, Monoli says
  • Alternative scenario of rate cut in 2Q-3Q has increased, Leonardo Sapienza, chief economist at Banco Votorantim says
    • Solution for political crisis could open room for a pro- reform government, which would ultimately be supportive for the currency
    • Basic scenario is still for on-hold policy as inflation forecasts remain above BCB’s targets
    • Bellow-est. CPI released today shows trend of lower prices increases; food prices increases are slowing, energy costs may rise 4% in 2016 from 51% in 2015, Sapienza says
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
Leonardo Monoli (Jive Asset Gestao de Recursos Ltda)
Leonardo Sapienza (Banco Votorantim SA)

To de-activate this alert, click here

UUID: 7947283