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Bank of Japan cuts some bond purchase targets

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Bloomberg The Bank of Japan (BOJ) cut bond purchases for the next three months while shifting to a quarterly-buying plan to offer more certainty to markets. The quarterly plan showed a reduction of at least 25 billion yen ($226 million) in purchases of each of the one-to-three, five-to-10 years and 10-to-25 year buckets. Previously, it had only released monthly purchase ...

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Goldman seeks $4bn for its newest infrastructure fund

Bloomberg Goldman Sachs Group Inc is seeking to raise $4 billion for its latest infrastructure fund, dubbed West Street Global Infrastructure Partners IV. The firm, which has held discussions with potential investors such as pensions funds, is aiming to hold a first close on the vehicle as soon as the third quarter, one of the people said. New York-based Goldman ...

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Former Credit Suisse banker joins wealth firm Azura

Bloomberg Azura, a wealth manager focused on billionaire entrepreneurs, is opening an office in Switzerland. Former Credit Suisse Group AG banker Frederic Turrettini joins the firm as a partner to oversee its Geneva office, adding to existing locations in London, Monaco and Singapore, according to a statement. Azura also recruited Robert Agnew — a former managing director at Barclays Plc’s ...

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