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News

22 Dec Hong Kong stocks close near 5-month high on trade deal optimism

Posted at 08:44h in News by KMFSLLP 0 Comments

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* HK->Shanghai Connect daily quota used 2.9%, Shanghai->HK daily quota used 2.1%

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22 Dec Credit Suisse surveillance probe to continue

Posted at 08:21h in News by KMFSLLP 0 Comments

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Credit Suisse and law firm Homburger will continue their investigation into employee observation at the bank, a spokesman said, after the bank on Monday confirmed a second former executive was tailed.

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22 Dec European shares edge lower ahead of Christmas holiday break

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European shares dipped slightly on Monday after nearing a record high in the previous session, as trading thinned ahead of the Christmas and Boxing Day holidays later in the week.

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22 Dec SoftBank’s $3 bln WeWork financing talks stall with Japan banks -sources

Posted at 08:10h in News by KMFSLLP 0 Comments

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SoftBank Group Corp's talks to secure $3 billion from Japan's three biggest banks have stalled as the lenders have hit internal lending limits to the firm, two people said, complicating a $9.5 billion rescue package for WeWork.

22 Dec UPDATE 1-Credit Suisse blames former COO for covering up second spying case

Posted at 07:55h in News by KMFSLLP 0 Comments

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Credit Suisse on Monday cleared CEO Tidjane Thiam and other top executives from knowledge of a second spying incident, saying former Chief Operating Officer Pierre-Olivier Bouee had the Swiss bank's then-head of human resources followed in February and covered it up.

22 Dec UPDATE 1-BlackRock, Temasek to take majority stake in wealth management JV with CCB -sources

Posted at 07:48h in News by KMFSLLP 0 Comments

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U.S. asset manager BlackRock Inc, Singapore state investor Temasek Holdings (Pte) Ltd and China Construction Bank Corp (CCB) have agreed to set up a wealth management joint venture in China, said people with direct knowledge of the matter.

22 Dec UPDATE 1-Bank of Italy ready to account for Popolare di Bari supervision -Visco to press

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The Bank of Italy "positively" fulfilled its supervision duties and is ready to account for its actions on failing lender Banca Popolare di Bari, Governor Ignazio Visco told Corriere della Sera daily in an interview published on Monday.

22 Dec China stocks fall most in six weeks as tech shares retreat

Posted at 07:26h in News by KMFSLLP 0 Comments

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China stocks on Monday posted their worst single-day drop in six weeks, weighed down by a correction in tech shares after a state fund announced plans to cut its stakes in some of these companies, while focus remained on the Sino-U.S. trade deal.

22 Dec Credit Suisse blames former COO for covering up second spying case

Posted at 07:23h in News by KMFSLLP 0 Comments

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22 Dec Bank of Italy ready to account for Popolare di Bari supervision -Visco to press

Posted at 06:40h in News by KMFSLLP 0 Comments

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Bank of Italy has "positively" accomplished its supervision duties and it is ready to account for its action on failing lender Banca Popolare di Bari, Governor Ignazio Visco told Corriere della Sera daily in an interview published on Monday.

News

22 Dec Hong Kong stocks close near 5-month high on trade deal optimism

22 Dec Credit Suisse surveillance probe to continue

22 Dec European shares edge lower ahead of Christmas holiday break

22 Dec SoftBank’s $3 bln WeWork financing talks stall with Japan banks -sources

22 Dec UPDATE 1-Credit Suisse blames former COO for covering up second spying case

22 Dec UPDATE 1-BlackRock, Temasek to take majority stake in wealth management JV with CCB -sources

22 Dec UPDATE 1-Bank of Italy ready to account for Popolare di Bari supervision -Visco to press

22 Dec China stocks fall most in six weeks as tech shares retreat

22 Dec Credit Suisse blames former COO for covering up second spying case

22 Dec Bank of Italy ready to account for Popolare di Bari supervision -Visco to press

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