Thursday , 21 May 2026

Recent Posts

Credit Suisse CEO signals potential spinoff of asset management unit

Bloomberg Credit Suisse Group AG CEO Thomas Gottstein signalled he’d consider further separating the asset-management unit from the rest of the bank after the Greensill Capital collapse, as he steps up efforts to limit the reputational damage from the supply-chain finance scandal. Making asset management an independent entity is “potentially part of the plan,” Gottstein said in a Bloomberg Television …

Read More »

China appoints new PBOC policy committee members

Bloomberg China appointed two new economists to its central bank monetary policy committee with expertise in the labour market and population, suggesting an increased focus on boosting jobs and household incomes. Cai Fang, a well-known economist at the government-linked Chinese Academy of Social Sciences, and Wang Yiming, a former deputy director of the Development Research Center of the State Council, …

Read More »

India faces key test of risky bank debt

Bloomberg India is set to face its first test of demand for a riskier type of bank bond since the regulator introduced a cap on mutual funds’ investments in such securities. One of the nation’s largest regional lenders, Bank of Maharashtra, is seeking bids Monday for rupee-denominated Tier 2 notes in a sale that will be closely watched to gauge …

Read More »