ABU DHABI / WAM The National Centre of Meteorology (NCM) has forecast that tomorrow’s weather …
Read More »Private banks urge wealthy Asians to avoid risk and favour credit
Bloomberg Here’s some advice that wealthy Asians are getting from their private bankers after Britain’s vote to quit the European Union has thrown markets in turmoil: Add to corporate credit, avoid risky assets and expect UK property prices to drop. Credit Suisse Group AG, Citigroup Inc and United Overseas Bank Ltd are telling clients that higher-quality corporate bonds are …
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