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Goldman CEO ‘supportive’ of Clinton for pragmatism

  Bloomberg Lloyd Blankfein, chief executive officer of Goldman Sachs Group Inc., has shied away from publicly backing a presidential candidate this year, saying his support could harm that person’s chances. Yet in an interview that will air on CNN’s “ Fareed Zakaria GPS,” Blankfein, asked if he personally supports and admires Democrat Hillary Clinton, said that he did. “I’m ...

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Banks’ Brexit exodus to start before year-end

  Bloomberg Banks in the UK will start relocating operations out of the country by year-end, months before formal talks to leave the European Union begin, as London looks set to lose access to the EU single market, the head of the British Bankers Association said in a newspaper commentary. International banks’ “hands are quivering over the relocate button,” Anthony ...

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Chinese money flowing to Hong Kong stocks dries up

  Bloomberg Hong Kong’s stock market is suffering from a post-holiday hangover. The flood of Chinese money into the city before the mainland’s National Day celebrations in early October has slowed to a trickle since traders returned from the week-long break. Investors in Shanghai spent more than $8 billion on Hong Kong shares in September, the biggest monthly inflow through ...

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