Recent Posts

Credit Suisse bids above rivals for rich clients as bankers exit

BLOOMBERG Credit Suisse Group AG is escalating efforts to win back clients with deposit rates that are significantly higher than rivals as a run of senior banker departures adds urgency to its campaign to recoup assets. After unprecedented outflows in the fourth quarter, the Zurich-based lender has raised three-month rates to as much as about 6.5% for new money of ...

Read More »

China sends fighter jets near Taiwan as US OKs arms sale

BLOOMBERG China sent the most warplanes near Taiwan in nearly two months, a move that comes as the US approved the sale of $619 million worth of arms to the democratically run island. Some 17 J-10 and four J-16 fighter jets were detected in the southwestern part of the island’s air-defense identification zone in the 24 hours to early Thursday, ...

Read More »

Blinken pressed Lavrov in rare but brief meeting at G-20 summit in India

BLOOMBERG Secretary of State Antony Blinken held a brief encounter with his Russian counterpart on the sidelines of the Group of 20 summit in India, their first in-person meeting since Russia’s invasion of Ukraine a year ago. The top US diplomat pressed Foreign Minister Sergei Lavrov to move towards a peace deal with Ukraine and advocated for US citizens detained ...

Read More »
Send this to a friend