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OCBC to boost research in Hong Kong

Bloomberg Singapore’s second-largest lender has decided that the best place to expand its research is the country’s rival market Hong Kong. Oversea-Chinese Banking Corp. plans to add coverage of 60 Hong Kong-listed stocks, with 14 to 20 started by year-end, according to Carmen Lee, its head of research. That would supplement the around 75 firms already tracked by Bank of ...

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Barclays may face investor jitters on credit-card defaults

Bloomberg Barclays Plc’s Jes Staley may need to reassure investors on two fronts when the bank reports third-quarter results on Thursday. While an industrywide slump in securities trading has likely weighed on the investment bank, analysts will look for any clues on how the group’s more profitable retail and card businesses are faring after US rivals signaled this month they’re ...

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PBOC’s Zhou retirement hint puts economists in play for governor job

Bloomberg The question of who’ll be the next leader of the People’s Bank of China (PBOC) has gained urgency after Governor Zhou Xiaochuan dropped heavy hints that he’s ready to head into retirement. Announcements about changes in the PBOC leadership could come at any time. With President Donald Trump mulling who will be the next chair of the Federal Reserve ...

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