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Mexico’s ruling party to expand its power in polls

  Bloomberg Mexico’s ruling Morena party is projected to expand its power further beyond President Andres Manuel Lopez Obrador’s traditional southern strongholds in gubernatorial elections, winning four of six elections in states it doesn’t currently control. The election is a litmus test of Lopez Obrador’s support after three and a half years of rule, and of the strength of opposition ...

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China raises pressure on banks to help developers

  Bloomberg Chinese banks are facing growing pressure to support cash-strapped developers after months of pleas by regulators failed to boost lending to the industry. Local branches at the People’s Bank of China (PBOC) have called for meetings with banks in multiple cities since last week to assess why loans have slowed, along with the difficulties faced by banks and ...

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Deutsche Bank plans multi-strategy push into private credit

  Bloomberg Deutsche Bank AG is planning a fresh push into private credit across a range of strategies, according to people familiar with the plans. The plans include raising money from external investors to expand its offering in the $1.2 trillion market. The lender is seeking to raise about 2 billion euros ($2.14 billion) initially from new and existing investors ...

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