The once-popular repurchases look wasteful today, but once the economy improves, their appeal may well spring back.
COVID-19 economic shock to developing nations even more dramatic than 2008 financial crisis.
Permitted under the CARES Act, the provision allows portfolios to recover from stock market downturns.
The UK-based bank has indicated it wants to align the principles of all its financing activities with that of the Paris climate agreement.
Absolute return is chief goal of CIOs who farm out running their money to third parties.