Exclusive: Emirati bank FAB in advanced talks to buy Turkey’s Yapi Kredi
ISTANBUL, May 21 (Reuters) – First Abu Dhabi Bank (FAB) (FAB.AD), opens new tab is in advanced talks to acquire Turkish conglomerate Koc Group’s (KCHOL.IS), […]
China to nurture stock rally by masking live foreign flows data
China is set to switch off a live feed of foreign flows for stocks as early as Monday, the latest policy move […]
Exclusive | Hong Kong’s family office measures succeed in attracting global interest: JPMorgan Private Bank
Hong Kong’s tax breaks and immigration policies to attract tycoons to set up family offices have been quite successful, as they have […]
Goldman Sachs leads bullish chorus on Chinese stocks, as Morgan Stanley and JPMorgan’s private bank remain cautious
A spectacular run in Chinese stocks has divided global investment banks into two camps, with Goldman Sachs, UBS Group and HSBC Holdings […]
China’s capital markets set for ‘renewed growth for many years to come’ after Beijing’s rescue actions: investors
Consumer sentiment and business confidence will pick up now that China has introduced a series of “pragmatic” measures to revive the property […]
Global equity funds draw inflows on rate cut hopes, soft US economic data
May 17 (Reuters) – Global equity funds experienced strong demand for the third consecutive week, in the seven days to May 15, […]
Crypto lender Genesis to return $3 billion to customers in bankruptcy wind-down
NEW YORK, May 17 (Reuters) – Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash […]
Goldman Sachs looks to expand private equity credit lines as dealmaking picks up
NEW YORK, May 17 (Reuters) – U.S. investment bank Goldman Sachs (GS.N), opens new tab is muscling into the lending market for private equity […]
HSBC falls 3% amid reports that top shareholder Ping An is looking to trim its stake
Shares of HSBC Holdings fell over 3% in Hong Kong on Friday after reports that its top shareholder Ping An Insurance might be looking to cut […]
ABN Amro in talks over French life insurance deal with BNP
PARIS, May 17 (Reuters) – Dutch bank ABN Amro said on Friday its French private bank branch Neuflize OBC had entered exclusive […]
Churchill Gets $425 Million in Fund Financing Through Dawson Deal
Churchill Asset Management struck a deal to provide cash to investors in some of the private-equity funds it manages, as the investors […]
JPMorgan investors weigh CEO Dimon’s strategy, succession after record year
NEW YORK, May 16 (Reuters) – With JPMorgan Chase (JPM.N), opens new tab coming off a year of record profits, investors are eager to learn […]