SINGAPORE (Reuters) – Singapore state fund Temasek will consider investing in fossil fuel and other carbon-intensive projects if they make environmental as well as commercial sense, it said on T[...]
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Hedge funds reach midyear with mishmash performance
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) -Hedge funds delivered a mixed first-half performance, with macro funds Caxton Associates and Brevan Howard struggling to maintain gains[...]
Read moreUBS shakes up flagship wealth business with new unit, memo says
By Noele Illien and Oliver Hirt ZURICH (Reuters) -UBS is shaking up its wealth-management arm, the bank’s flagship business, to boost its offerings to ultra-rich clients, the division’s ne[...]
Read moreAre you better off today? A question for voters as Biden, Trump debate
By Howard Schneider WASHINGTON (Reuters) – Perhaps the most famous one-liner in a presidential debate, Ronald Reagan’s “Are you better off than you were four years ago?” questi[...]
Read moreBNP Paribas Wealth Management CIO says private debt is ‘money for old rope’
(Reuters) -The surge in investment in private debt is “more money for old rope”, BNP Paribas Wealth Management global chief investment officer Edmund Shing said on Tuesday. Shing said priv[...]
Read moreBig US banks expected to be cautious on shareholder payouts after stress tests
By Pete Schroeder and Nupur Anand WASHINGTON (Reuters) – Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week’s Federal Reserve hea[...]
Read moreConsumer-focused lending under Labour could dent UK bank profits
By Sinead Cruise and Lawrence White LONDON (Reuters) -Once seen as hostile to banks, Britain’s Labour has courted lenders in recent years as it attempts to gain power, yet some of the left-leani[...]
Read moreAnalysis-Nvidia’s staggering gains leave investors wondering whether to cash in or buy more
By Lewis Krauskopf NEW YORK (Reuters) – The huge rally in Nvidia Corp’s shares has investors weighing whether to cash in, hold on for more gains or chase a stock that has tripled during th[...]
Read moreJPMorgan asset and wealth head sees China’s economic outlook improving
By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase is seeing signs of an improving economy in China that will bolster the bank’s business in the country after a sluggish period, its CEO of asset[...]
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