Bloomberg China’s central bank is expected to cut its key policy interest rate for the second time this year on Friday and reduce the reserve requirement ratio within days to help bolster a faltering economy under strain from Covid lockdowns. Sixteen of the 22 economists surveyed by Bloomberg predict the People’s Bank of China will lower the interest rate ...

  Bloomberg JPMorgan Chase & Co.’s top executive at its securities business in China, Houston Huang, is stepping aside and is being replaced by his deputy as the Wall Street bank ramps up to tackle slowing growth in world’s second-biggest economy. Huang will hand over the role of chief executive officer of JPMorgan Securities (China) Co. to Lu Fang, a ...

  Bloomberg Credit Suisse Group AG has formed a new committee to assess its involvement in blank check-firm mergers as underwriters face the prospect of heightened liability under proposed financial regulations, according to a person with knowledge of the matter. The Swiss lender told staff in a memo that the “tactical deSPAC committee” will focus on pending mergers involving US ...