Bloomberg Who will lead the People’s Bank of China’s (PBOC) is back in focus as a leadership reshuffle at government agencies and major financial regulators nears. Two officials previously tipped as favourites by analysts are fading out of the picture, with one just starting a new job while the other is reportedly taking on a new role. Central bank ...

  Bloomberg Apollo Global Management and Goldman Sachs Asset Management LP are preparing to launch private credit funds aimed at wealthy European investors, trying to capitalise on a burgeoning corner of the credit market. The firms are developing strategies to target affluent individual investors interested in private lending for leveraged buyouts in the region, according to people with direct knowledge ...

  Bloomberg Sweden’s Riksbank has “fairly good” prospects to bring inflation back towards its 2% target and avoid persistent price increases, though there will be short-term economic pain, Deputy Governor Per Jansson said. “Unfortunately there is no way out of this situation that doesn’t entail costs,” Jansson said in a speech in Stockholm. “It will be tough, no question about ...