Category: International Banking News
JPMorgan is looking to set up a big office in a surprising destination
WARSAW/LONDON - US bank JPMorgan Chase is zooming in on Warsaw as a destination for its new back office operations center which could eventually e [...]
China central bank chief says 6.5 percent growth target ‘within reach’
China's 2017 growth target of 6.5 percent is "within reach", the governor of the country's central bank said in a statement on Saturday, amid stro [...]
Worries over Trump policies cloud start of IMF, World Bank meetings
World finance leaders are gathering on U.S. President Donald Trump's home turf on Thursday to try to nudge his still-evolving policies away from p [...]
Goldman Sachs profit misses estimates on trading weakness
Goldman Sachs Group Inc (GS.N) reported a lower-than-expected quarterly profit as gains in investment banking were offset by weak trading revenue. [...]
Daewoo Shipbuilding’s Bailout Plan Cleared by Pension Fund
South Korea’s National Pension Service agreed to restructure 1.55 trillion won ($1.4 billion) of bonds issued by Daewoo Shipbuilding & Marine [...]
Trump’s message to bankers: Wall Street reform rules may be eliminated
President Donald Trump told a group of chief executives on Tuesday that his administration was revamping the Wall Street reform law known as Dodd- [...]
Economic Watch: Chinese economy shows signs of firming, pressure remains
China's economy, a vital engine of global growth, has showed more signs of firming, reinforced by a string of upbeat data, but domestic and extern [...]
Exclusive – ‘Dollars and euros’: How a Malaysian firm helped fund North Korea’s leadership
Over the past two decades, North Korean-born Han Hun Il, the founding chief executive of a Malaysian conglomerate, funneled money to the leadershi [...]
Daily Briefing: Policy noise gets louder at the ECB
The tug of war over the direction of ECB policy spilled into public last night as Germany's two representatives on its main policy-making body - J [...]
Exclusive: HSBC to boost China staff by up to 1,000 in 2017, mostly in Pearl River Delta
HSBC (HSBA.L) plans to add as many as 1,000 new employees to its Chinese retail banking and wealth management arm this year, the business's region [...]