BARCLAYS plans a major hiring spree in Asia to expand client assets over the next few years, focusing on the ultra-rich and family offices in India and Singapore, according to the head of the bank’s wealth business for the region.
BARCLAYS plans a major hiring spree in Asia to expand client assets over the next few years, focusing on the ultra-rich and family offices in India and Singapore, according to the head of the bank’s wealth business for the region.
NEW Zealand’s central bank held the cash rate steady at 5.5 per cent on Wednesday, but opened the door to monetary policy becoming less restrictive over time should inflation slow as expected.
BOND traders are getting ready for China to start pushing back on record-low yields, with the central bank now armed with “hundreds of billions” of yuan of securities at its disposal to sell.
THE private equity business of Goldman Sachs Alternatives is buying a majority stake in Tait, the engineering firm that designed the stage for Taylor Swift’s Eras Tour.
THE US Federal Reserve is considering a rule change that could save the country’s eight largest banks combined billions of dollars in capital, in a potential long-sought win for the industry, according to four people with knowledge of the matter.
THE jump in open interest on rupee/dollar currency futures on the Singapore Exchange indicates that investors are shifting their arbitrage and hedging activity to the city-state after the Indian central bank imposed restrictions on local currency futures, traders said.
PING An Insurance (Group) is considering a convertible bond sale this year, according to people familiar with the matter, following in the footsteps of Chinese technology companies including Alibaba Group Holding.
THE Bank of Japan (BOJ) will speak face-to-face with market participants over the next couple of days in key meetings aimed at gauging a realistic pace for a reduction of its bond purchases to be announced later this month.
