A round-up of the key stories across the specialist financial media, including news that those holding protection on Greek debt will receive around $2.5 billion.
Greek bond protection payout to hit $2.5bn
Investors holding insurance-like products as a protection against a Greek default – the world’s biggest sovereign debt restructuring – will receive about $2.5bn, according to market prices on Thursday.
Goldman roiled by op-ed loses $2.2 billion for shareholders
Goldman Sachs saw $2.15 billion of its market value wiped out after an employee assailed CEO Lloyd Blankfein’s management and the firm’s treatment of clients, sparking debate across Wall Street.