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The initiative aims to channel the bloc's financial firepower more efficiently and spur growth by funding key industries including the defense sector.

At the Oval, Trump didn't respond to a follow-up question from a reporter about whether he was trying to remove him.

Offices, apartment buildings and retail locations in Los Angeles face a tangle of difficulties as the smoke clears from January's wildfires. High on the list is inadequate insurance, a common problem in California.

With that sizable fire power, Alcentra hopes to meet the growing market demand for collateralized loan obligations.

The French bank foresees CLO growth in U.S. and Europe but cautions wariness around the current administration's potential impacts to inflation and the economy.

Portfolio enhancements and diversifications cushion the impact of the L.A. wildfires from RMBS losses.

The fund's managers are hoping to replicate the success of their US-focused ETF, which has amassed $17.2 billion in assets under management in less than five years.

Treasury was notified on Dec. 8 by a third-party software provider that a hacker had gained access "to a key used by the vendor to secure a cloud-based service."

China raised $2 billion from three- and five-year securities at one and three basis points over Treasuries, respectively, according to a person familiar with the matter.

Warnings, finger pointing, and political infighting have consumed talks around a continuing resolution, but the details of the upcoming funding package are expected to be ironed out over the weekend for a likely vote early next week.