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Credit Suisse loses two senior private bankers in Hong Kong

  Bloomberg Credit Suisse Group AG has lost two more senior private bankers in Hong Kong as attrition woes continue at the Swiss bank, according to people familiar with the matter. Mandy Loo, a managing director for the China market, and Howard Wu, a team leader for Greater China investment consultants, have both left the bank, said the people, asking ...

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ECB sees ‘very strong’ wage growth ahead in next few quarters

  Bloomberg The European Central Bank (ECB) predicts wage growth — a key indicator of where inflation is headed — will be “very strong” in the coming quarters, strengthening the case for more interest-rate hikes. A study of salary developments since the start of the pandemic shows underlying pay growth has been “relatively moderate” and is currently close to its ...

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Asia stocks on track to enter bull market as China rally extends

  Bloomberg Asia’s benchmark stock index was on track to enter a bull market, as China’s reopening and a weakening dollar lure investors back to the region. The MSCI Asia Pacific Index climbed as much as 1.9% on Monday, taking its advance from an October 24 low to more than 20%. Gauges in Hong Kong, Taiwan and South Korea led ...

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