Hong Kong government announces measures to lure wealthy family offices
HONG KONG (Reuters) – Hong Kong’s government announced a series of measures on Friday to attract wealthy family offices to…
Europe
U.S. Fed delivers small rate hike amid global banking turmoil
By Howard Schneider, Yoruk Bahceli and Akriti Sharma (Reuters) -The Federal Reserve on Wednesday raised interest rates by a quarter…
Emerging market investors turn increasingly bullish for Q2 -HSBC survey
LONDON (Reuters) – Nearly half of emerging market investors are bullish on prospects for developing markets in the second quarter,…
Credit Suisse hires Southeast Asia wealth vice chairman
Sydney (Reuters) – Credit Suisse said on Thursday it has hired private banker Kwong Kin Mun as its new vice…
Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown
By John Revill ZURICH (Reuters) – The fall of Credit Suisse has dealt a serious blow to Switzerland’s credentials as…
First Republic leads surge in bank stocks as Fed comes into focus
By David French, Nupur Anand and Lananh Nguyen (Reuters) – Shares of U.S. regional lenders including battered First Republic Bank…
US Treasury looks to strengthen financial stability; big focus on smaller banks
By Andrea Shalal WASHINGTON (Reuters) -The U.S. Treasury is continuing to monitor the health of mid-sized and regional banks and…
Credit Suisse rescue presents ‘buyer beware’ moment for bank bondholders
By Tom Westbrook SINGAPORE (Reuters) – The rudest shock in the rushed deal to save embattled Swiss lender Credit Suisse…
Five trades from hedge funds to navigate US-China tensions
By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON (Reuters) – Hedge funds are watching growing U.S.-Chinese geopolitical tensions and…
Bridgewater, Millennium, and Marshall Wace in bearish bet on Europeans banks
By Nell Mackenzie and Pablo Mayo Cerqueiro LONDON (Reuters) -Investment managers Bridgewater Associates, Millennium Management and Marshall Wace added to…