JPMorgan China names new heads of China securities unit
HONG KONG, April 23 (Reuters) – JPMorgan Chase & Co (JPM.N), opens new tab appoints Lu Fang to chair the board of its China […]
Morgan Stanley consumer IPO banker Passi leaving the bank,
NEW YORK, April 19 (Reuters) – Morgan Stanley’s (MS.N), opens new tab North America head of consumer and retail equity capital markets (ECM) Tilli […]
Fifth Third Bancorp’s quarterly profit falls on lower interest income
April 19 (Reuters) – Fifth Third Bancorp (FITB.O), opens new tab posted a 10% drop in first-quarter profit on Friday as higher deposit costs […]
Exclusive: UBS shuts some China private funds, will lay off staff,
HONG KONG, April 18 (Reuters) – UBS is shutting down some of its China private funds business and will lay off one-third […]
Exclusive: UBS shuts some China private funds, will lay off staff,
HONG KONG, April 18 (Reuters) – UBS is shutting down some of its China private funds business and will lay off one-third […]
Norway wealth fund backs NatWest plan to buy more state-owned stock
STOCKHOLM, April 18 (Reuters) – Norway’s $1.6 trillion sovereign wealth fund, one of the world’s largest investors, said on Thursday it would […]
Northern Trust profit falls on hit from debt investment sale
April 16 (Reuters) – Asset and wealth manager Northern Trust (NTRS.O), opens new tab posted a 38% fall in first-quarter profit on Tuesday as […]
Korean won at 17-month low on Middle East woes, Fed rate view
The South Korean won currency on Tuesday fell to its weakest level in 17 months, briefly touching the psychologically important 1,400 per […]
Bank of America profit falls on lower customer interest payments
April 16 (Reuters) – Bank of America’s (BAC.N), opens new tab first-quarter profit fell as its consumer division weakened and the lender wrote off […]
HSBC lays off at least a dozen Asia dealmakers amid weaker activities,
HONG KONG, April 16 (Reuters) – HSBC (HSBA.L), opens new tab is laying off more than a dozen of its investment banking staff in […]
Russia’s External Debt Drops to $304B in Q1 2024 – Central Bank
Russia’s overseas debt fell by $12.8B, or 4.1%, to $304B in the first quarter of 2024, according to a statement on the […]
BlackRock assets hit record $10.5 trillion as markets surge
April 12 (Reuters) – Assets at BlackRock (BLK.N), opens new tab hit a record $10.5 trillion in the first quarter and the firm posted […]