China’s capital markets set for ‘renewed growth for many years to come’ after Beijing’s rescue actions: investors
Consumer sentiment and business confidence will pick up now that China has introduced a series of “pragmatic” measures to revive the property […]
Global equity funds draw inflows on rate cut hopes, soft US economic data
May 17 (Reuters) – Global equity funds experienced strong demand for the third consecutive week, in the seven days to May 15, […]
Crypto lender Genesis to return $3 billion to customers in bankruptcy wind-down
NEW YORK, May 17 (Reuters) – Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash […]
Goldman Sachs looks to expand private equity credit lines as dealmaking picks up
NEW YORK, May 17 (Reuters) – U.S. investment bank Goldman Sachs (GS.N), opens new tab is muscling into the lending market for private equity […]
HSBC falls 3% amid reports that top shareholder Ping An is looking to trim its stake
Shares of HSBC Holdings fell over 3% in Hong Kong on Friday after reports that its top shareholder Ping An Insurance might be looking to cut […]
ABN Amro in talks over French life insurance deal with BNP
PARIS, May 17 (Reuters) – Dutch bank ABN Amro said on Friday its French private bank branch Neuflize OBC had entered exclusive […]
Churchill Gets $425 Million in Fund Financing Through Dawson Deal
Churchill Asset Management struck a deal to provide cash to investors in some of the private-equity funds it manages, as the investors […]
JPMorgan investors weigh CEO Dimon’s strategy, succession after record year
NEW YORK, May 16 (Reuters) – With JPMorgan Chase (JPM.N), opens new tab coming off a year of record profits, investors are eager to learn […]
ECB’s Schnabel calls for caution in rate cuts beyond June, Nikkei reports
TOKYO, May 17 (Reuters) – European Central Bank (ECB) board member Isabel Schnabel said the central bank may slash interest rates in […]
Georgia’s central bank spends $60 mln to support lari amid political crisis
TBILISI, May 16 (Reuters) – Georgia’s central bank said on Thursday it had spent $60 million in reserves to support the lari […]
Berkshire reveals $6.72 billion Chubb stake, insurer’s shares rise
May 15 (Reuters) – Warren Buffett’s Berkshire Hathaway (BRKa.N), opens new tab on Wednesday revealed a new, $6.72 billion stake in the insurer Chubb […]
UK is the second largest foreign investor in Saudi Arabia, says Al-Falih
RIYADH — Saudi Minister of Investment Eng. Khalid Al-Falih noted that the UK is the second largest foreign investor in the Kingdom with […]