China’s Ministry of Commerce (MOC) on Monday asked for the public’s opinion on a revised measure concerning foreign investors making strategic investments in Chinese listed companies.
BMO Global will launch an actively-managed fund that invests in passive products, while the regulator approved for launch other funds from Jupiter and Schroders.
Julius Baer paid dearly to settle a criminal suit with U.S. tax investigators, but the Swiss private bank managed to keep two of its private bankers out of American jail. How?
Credit Suisse AG is closing in on an agreement to settle a $1.2 billion derivatives demand against bankrupt Lehman Brothers Holdings Inc., reducing the claim to $385 million, according to a person with knowledge of the matter.
Barclays has spoken to its rival bank Standard Chartered about a potential merger but no formal or informal bid was made, the Financial Times reported on Wednesday, citing two unnamed sources.
Credit Suisse Group AG said on Thursday it has received regulatory approval to launch its wealth management business in the Philippines, allowing the Swiss bank to tap the growing onshore wealth in the Southeast Asian country.
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