Bloomberg JPMorgan Chase & Co. has appointed veteran dealmaker Houston Huang to lead its Chinese …
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Big banks unleash $5b from reserves on loan optimism
Bloomberg Wall Street’s worst fears about the fallout from Covid-19 are receding. Three of the …
Read More »HK bank staff arrested in $810m laundering probe
Bloomberg Hong Kong police have arrested seven current and former bank staff in the city …
Read More »BofA plans to buy back $2.9bn of stock in Q1
Bloomberg Bank of America Corp. (BofA) said it plans to repurchase $2.9 billion worth of …
Read More »Zimbabwean banks shut 17% of their branches
Bloomberg Zimbabwean banks have closed about 17% of their branches as an escalation in the …
Read More »Surge in bad debt set to worsen India shadow bank woes
Bloomberg India’s troubled shadow banks face mounting challenges to a nascent recovery from pandemic, with …
Read More »Europe stocks rise with futures; dollar declines
Bloomberg European stocks tracked US equity futures higher on Wednesday, buoyed by earnings and hopes …
Read More »World’s best stock market under Trump is Taiwan with 92% rally
Bloomberg Donald Trump’s presidency promised a more confrontational approach towards China. While he certainly achieved …
Read More »India stocks climb as growth prospects attract investors
Bloomberg India stocks rise, buoyed by prospects of earnings growth. The S&P BSE Sensex climbed …
Read More »IEA slashes oil demand forecast as new lockdowns temper recovery
Bloomberg The International Energy Agency (IEA) lowered forecasts for global oil demand as renewed lockdowns …
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