By Davide Barbuscia NEW YORK (Reuters) – The U.S. Federal Reserve’s likely shift to a smaller interest rate increase this week could offer some respite to bond investors hit hard by a stri[...]
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China Nov new bank loans rise more slowly than expected
By Judy Hua and Kevin Yao BEIJING (Reuters) -New bank lending in China rebounded less than expected in November from the previous month, as the central bank seeks to bolster slowing growth in the worl[...]
Read moreCredit Suisse’s Greater China CEO to leave bank this week – memo
By Summer Zhen and Selena Li Hong Kong (Reuters) – Carsten Stoehr, Credit Suisse’s chief executive for its Greater China business, is leaving the bank, according to an internal memo seen b[...]
Read moreInvestors bet on greed and fear as China loosens COVID grip
By Samuel Shen and Summer Zhen SHANGHAI/HONG KONG (Reuters) -Investors caught off-guard by China’s dramatic COVID policy pivot are betting on both greed and fear as the economy starts to gradual[...]
Read moreNorth Carolina treasurer wants BlackRock CEO to go, but keeps assets at firm
By Ross Kerber (Reuters) -North Carolina’s state treasurer on Friday called for BlackRock Inc Chief Executive Laurence Fink to resign or be removed from the top asset management firm, citing its[...]
Read moreAnalysis-U.S. financial conditions have eased. So far the Fed is okay with it
By Ann Saphir (Reuters) – Over the past six weeks or so, U.S. mortgage rates have fallen, stock prices are up, and yields on corporate debt have dropped, all signs that financial conditions are[...]
Read moreFed discount window borrowing is edging up, but is it a problem?
By Michael S. Derby NEW YORK (Reuters) – Borrowing at a key Federal Reserve facility long associated with providing emergency loans to banks has been edging higher, recently climbing to over $10[...]
Read moreMexico president says two bidders remaining for Citi’s local retail bank
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Friday there are two remaining parties bidding to buy the Mexican retail arm of U.S. banking giant Citigroup . Lopez[...]
Read moreBNP Paribas hands its London bankers standardised job titles to ensure transparency
By Sinead Cruise and Stefania Spezzati LONDON (Reuters) – BNP Paribas is introducing titles to grade hundreds of investment bank employees in the UK, a move to ensure a transparent job evaluatio[...]
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