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Banks see profitable business of trading corporate bonds slipping away amid new regulations, more automation.
Decline reflects a fall-off in Chinese reverse mergers and M&A.
Decline reflects a fall-off in Chinese reverse mergers and M&A.
Contingency plans to enable bank to resume trading bonds of nations that exit euro.
$1 billion of debt sold at 1.875% coupon, yielding 65 basis points over Treasuries.
Brazilian companies are canceling initial public offerings at the second-highest rate among the biggest emerging markets.
Electronics chain awarded more than 100 managers retention bonuses without tying them to performance, sources say.