Bloomberg Chinese lenders have leaped ahead of their Wall Street peers in global rankings for initial public offerings, as China wraps up a record year for listings which bucked one of the worst slowdowns in deals history. CITIC Securities Co pushed ahead of Goldman Sachs Group Inc as the top underwriter of IPOs this year, followed by China International ...

  Bloomberg The Treasury Department’s top official for financial markets and stability expressed little urgency over the federal government’s need to prepare for the potential launch of a digital US dollar. Regulators need to examine whether a central bank digital currency — or CBDC — would actually improve the speed or cost of real time interbank payments, which the Federal ...

  Bloomberg Investors are betting the yen may rise as much as another 10% after the Bank of Japan’s (BOJ) unexpected policy shift fueled speculation it is finally abandoning its ultra-dovish monetary settings. The currency may appreciate to 120 per dollar or stronger due to its inexpensive valuations, according to Generali Investments, while Union Investment Privatfonds GmbH predicts a short-run ...