Turkey’s state banks suspend use of Russian Mir payment system -finance minister

ISTANBUL, Sept 29 (Reuters) – Turkey’s three state banks have suspended the use of the Russian Mir payment system, Finance Minister Nureddin Nebati told Reuters on Thursday. The suspension comes…

BlackRock says cutting leverage in some funds in UK pensions crisis

LONDON, Sept 30 (Reuters) – U.S. asset management group BlackRock said on Friday it was reducing leverage in so-called liability-driven investment (LDI) funds at the centre of chaotic market conditions…