Consolidation in wealth management industry to accelerate, Citi survey finds
By Xie Yu HONG KONG Consolidation within the global wealth management sector will speed up while managers continue
2023-07-19 16:28
Analysis-Takeover benefits: UBS investors warm to Credit Suisse deal
By Oliver Hirt ZURICH UBS's emergency takeover of Credit Suisse may lead to thousands of job losses, departures
2023-07-17 17:47
Australia's Endeavour shares hit record low as poker machine regulations land
By Byron Kaye and Himanshi Akhand Shares of Endeavour Group, Australia's biggest pub owner, hit a record low
2023-07-17 12:21
Credit Suisse inquiry will keep files secret for 50 years - paper
ZURICH A parliamentary investigation into the collapse of Credit Suisse will keep its files closed for 50 years,
2023-07-15 16:29
Citigroup profits drop less than expected as interest income offsets trading slump
(Reuters) -Citigroup beat analysts' estimates for second-quarter profit on Friday as higher interest payments from borrowers partly countered a blow
2023-07-14 21:26
Mexico govt no longer interested in buying Citigroup's local retail unit
By Valentine Hilaire MEXICO CITY (Reuters) -The Mexican government is no longer interested in purchasing Citigroup's local retail arm, known
2023-07-14 10:28
Swiss parliamentary investigation into Credit Suisse collapse gets underway
By Noele Illien and John Revill BERN A Swiss parliamentary investigation into the role played by state institutions
2023-07-14 00:20
McDonald's China owners Carlyle, Trustar plan $4 billion exit - Bloomberg News
(Reuters) -Carlyle Group Inc and Trustar Capital are planning to raise $4 billion from wealth funds to buy part of
2023-07-13 14:49
Lucid shares drop as deliveries take hit from Tesla's price war
(Reuters) -Lucid Group said its second-quarter production dropped from the previous three months while deliveries stayed flat, sending the shares
2023-07-12 22:26
Australian bank ANZ breaks from rivals by backing loan buffer
(Corrects year in 6th paragraph to 2023, not 2024) SYDNEY (Reuters) -Australian No. 4 home lender ANZ Group said it
2023-07-12 08:48
Citigroup cuts rating on US stocks to 'neutral'
Citigroup on Monday cut its rating on U.S. stocks to "neutral" from "overweight" on recession risks, and warned
2023-07-10 19:50
How much did Jack Ma's speech cost Ant Group? About $230 billion
Ant Group has announced a share buyback that values it at $78.5 billion, which is about $230 billion or 75% less than the valuation it fetched nearly three years ago, before its IPO was yanked by Chinese regulators.
2023-07-10 18:27