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Giuliani giving Ukraine data to DOJ, says Barr

Bloomberg Attorney General William Barr acknowledged for the first time on Monday that President Donald Trump’s personal lawyer, Rudy Giuliani, has been giving the Justice Department (DOJ) information he collected in Ukraine, bringing what was a stealth campaign into official government channels. Barr said, however, that information coming from Ukraine must be carefully vetted to ensure it is accurate and ...

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China’s hurting banks brace for worst-case economic scenario

Bloomberg Just as it looked like Beijing was starting to get a handle on its regional banking crisis, a much more severe threat is engulfing the world’s largest banking system as a deadly new virus hits the country’s economy. The impact of the spreading coronavirus risks bringing to life the worst-case economic scenarios contained in China’s annual banking stress tests. ...

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Discontent among HSBC staff ahead of business review

Bloomberg A survey of HSBC Holdings Plc’s 237,000 staff has highlighted falling morale as employees brace themselves for job cuts in a strategy review due later this month. At HSBC’s European arm, confidence in the direction of the bank dropped 21 points in the second half of 2019 compared to the first half, according to an internal document seen by ...

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