
Tariff Uncertainty Grips Markets
"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today's guests: BCA Research Chief Global Investment Strategist Peter Berezin, Coresight Research CEO Deborah Weinswig, JPMorgan Asset Management Fixed Income Portfolio Manager Kelsey Berro, BMO Capital Markets Biotech and Pharma Analyst Evan Seigerman, and Bloomberg's David Lee. (Source: Bloomberg)
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Air France-KLM CEO Says Premium Demand Is Holding
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Yahoo
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Bloomberg Expands HQLA Solution to Middle East as International Banks Increase Presence in Region
The HQLA solution helps monitor bank liquidity requirements under Basel III and now includes local rules for the United Arab Emirates (UAE) and Qatar NEW YORK, June 2, 2025 /PRNewswire/ -- Bloomberg today announced the release of their High-Quality Liquid Assets (HQLA) solution in the Middle East, expanding a Basel III regulatory data solution to the region and equipping financial institutions to monitor liquidity requirements in accordance with the Central Bank of the United Arab Emirates (UAE) Rulebook and the Qatar Central Bank's prudential regulations. One of the key reforms introduced by Basel III, the Liquidity Coverage Ratio (LCR), requires financial institutions to hold an adequate amount of unencumbered High-Quality Liquid Assets (HQLA) that can be converted easily and immediately into cash. The Basel LCR framework has been transcribed into each jurisdiction's national law in different ways, requiring a bespoke and customized solution for each jurisdiction to help banks identify asset classes eligible for inclusion in the HQLA. "As international banks expand into the Middle East, they are looking to Bloomberg as their trusted regulatory data partner to establish strong compliance processes with the local regulatory regime," said Leila Sadiq, Global Head of Enterprise Data Content at Bloomberg. "With this expansion, Bloomberg brings our robust HQLA data set and best in class reference data to Middle East jurisdictions to help all financial institutions including local banks, hedge funds and private banks in addition to international banks meet local liquidity and regulatory requirements." Bloomberg's HQLA solution now covers 12 jurisdictions and offers a set of data points to assist clients in complying with Basel III's LCR requirements and regulatory reporting. This data, which firms can also use for calculating their standardized credit risk capital requirements, consists of 4 main data sets: HQLA Classification - 33 security-level data points including the level of eligibility for different jurisdictions, Organisation for Economic Co-operation and Development (OECD) classifications and standardized risk weight. 30-day Stress Period Price Drop Metrics - Five data points providing the most recent single largest 30 calendar day price drop over relevant stress periods (under two methodologies). Liquid & Readily Marketable - 19 data points to assist clients in determining if fixed income securities are liquid and readily marketable. Central Bank Eligibility - Three data points to assist in determining if a security is accepted as eligible collateral by 14 major global central banks, together with the corresponding haircut values. HQLA is a high quality dataset available to bank treasurers, traders, regulatory reporting managers, risk officers and investment professionals via the Bloomberg Terminal as well as through an enterprise data feed. It was developed with input from regulators and industry experts in order to assure the precision and accuracy of the classifications provided. The HQLA solution is part of Bloomberg's Regulatory and Accounting Product suite, which helps professionals at banks, asset managers, insurers and other financial organizations navigate an increasingly complex regulatory and accounting disclosure environment. About Bloomberg Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit or request a demo. View original content to download multimedia: SOURCE Bloomberg Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
2 hours ago
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Trump ally Senator Graham pushes for new sanctions against Russia ahead of G7 Summit
Republican Senator Lindsey Graham, a longtime ally of US President Donald Trump, has announced his intention to push for the introduction of new sanctions against Russia ahead of the G7 summit, which will take place from 15 to 17 June in Canada. Source: Bloomberg Details: In a joint statement with Democrat Richard Blumenthal, he stressed that the sanctions should be imposed by mid-June to send a clear signal to China and other countries helping the Kremlin circumvent international restrictions. "By the G7 summit, we hope to have sanctions put in place – in coordination with Europe – to deliver an unequivocal message to China," they said after talks in Paris with French officials. Graham and Blumenthal noted that their sanctions bill against Russia, which provides for the introduction of a 500% tariff on imports from countries that buy Russian energy resources, has been supported by 82 senators. "Russia indiscriminately kills men, women and children. It's time for the world to act decisively against Russia's aggression by holding China and others accountable for buying cheap Russian oil that props up Putin's war machine. If you want this war to end, push China to help end it," Graham wrote on X (Twitter). Quote from Bloomberg: "It's still unclear whether Trump, who has been pushing for a ceasefire between Russia and Ukraine, is ready to embrace tougher action against Moscow. But in recent days, Trump has been expressing new frustration with President Vladimir Putin." [N.B. Ukrainska Pravda doesn't recognise Putin as president – ed.] Details: Graham and Blumenthal also held a phone conversation with French President Emmanuel Macron. "We assured President Macron and his team that we believe Putin is playing games regarding peace and is actually preparing for a military offensive in the late summer or early fall," they said. Background: Graham expects the upper house of Congress to begin considering new large-scale sanctions against Russia as early as this week due to the lack of progress in achieving a ceasefire in Ukraine. As for the lower house of Congress, whose consent will also be needed to approve the new sanctions, Graham said there are "House members that are ready to move in the House, and you'll see congressional action". The senators have regularly issued threats of what they describe as "bone-crushing" sanctions against Russia, although these have not yet been implemented. Support Ukrainska Pravda on Patreon!