Bloomberg Goldman Sachs Group Inc is promoting Luke Sarsfield to co-head of its asset-management business, putting an end to an anomaly atop one of its key units. Chief Executive Officer David Solomon is set to disclose the leadership change this week in a division that oversees $1.7 trillion in assets, according to people with knowledge of the matter. Sarsfield’s ...

  Bloomberg HSBC Holdings warned traders that one of the main risks to business continuity is the city’s quarantine policy as the Asian financial hub tightens to contain a fifth wave of infections. Hong Kong, which is pursuing a Covid Zero strategy to match mainland China, has employed some of the strictest measures in the world to keep infections at ...

  Bloomberg The Swiss franc rises to the highest level against euro in more than six years on Monday, as concern over a possible military confrontation in Ukraine boosted demand for the haven currency. The franc climbed 0.2% to 1.0324 per euro, a level last seen in June 2015. It is poised for a 10th day of gains, the longest ...