Interbank Market News Scan: Prime brokers, banks, foreign exchange …

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News links of interest …

Prime broker. Equiti Capital, a subsidiary of Equiti Group, announced today that its FX Desk has onboarded NatWest Markets as another Prime Broker. Equiti Capital Appoints Another Prime Broker In NatWest Markets (fxempire.com)

Banks. Two regional banks in Japan’s northern prefecture of Aomori said they were considering consolidating, joining a flurry of lenders seeking to survive amid narrowing margins from a rapidly ageing population and ultra-low interest rates. Two Japanese regional banks eye tie-up to fight margin pressures | Nasdaq

Foreign exchange. In criticisms of Federal Reserve actions, legendary investor Stanley Druckenmiller highlighted the case for bitcoin to replace the dollar. Legendary Investor Stanley Druckenmiller: USD Will Lose World Reserve Currency Status | Nasdaq

Foreign exchange rates of interest …

Currency PairsRates as of 8:32 pm EST 11 May 2021
EUR/USD1.2146
GBP/USD1.4137
AUD/USD0.7838
USD/CAD1.2095
USD/JPY108.6300
USD/NOK8.2568
USD/CHF0.9034
USD/SEK8.3206
USD/MEX19.9520
Source: Reuters
Selected Rates 
Fed Funds.05
Bank prime rate3.25
Fed Funds target rate.25
2-yr Treasury.16
10-yr Treasury1.63
30-yr2.35
Source: Bloomberg

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