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Suisse targets rich Thais to reach goal

  Bloomberg Credit Suisse Group AG is targeting Thai millionaires as part of the firm’s goal to bolster the new money it attracts from wealthy clients in the Asia-Pacific region. The Swiss bank is adding a client-relationship team of six in Bangkok, a total expected to increase to 12 by the end of the year, said Francesco de Ferrari, Credit ...

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Flattest yields since 2007 misprice Fed, says Goldman Sach’s Hatzius

  Bloomberg Jan Hatzius, the chief economist at Goldman Sachs Group Inc., warned bond investors aren’t prepared for the Federal Reserve to raise interest rates. Fed Bank of Atlanta President Dennis Lockhart and his San Francisco counterpart John Williams both said that at least two rate increases may be warranted this year as the economy picks up. Their comments echo ...

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Georgian Central banker renews trust as easing continues

  Bloomberg Georgia’s new central bank governor said he’ll repair public confidence in the regulator following bruising confrontations with the government, as he indicated that interest rates will continue to fall. The monetary authority “lost some credibility” due to a “quite turbulent 2015” amid clashes between the government and his predecessor over the lari’s exchange rate and plans to strip ...

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