BlackRock still backing stocks after bond market turbulence
March 2, 2021 LONDON (Reuters) – The world’s biggest asset manager BlackRock is still backing stocks after recent market turbulence triggered by rising global bond...
Credit Suisse details Swiss watchdog action after Archegos blow up
May 27, 2021 ZURICH (Reuters) – Credit Suisse detailed on Thursday the additional capital buffer imposed by Swiss market watchdog FINMA in relation to the...
Generali shareholders Caltagirone, Del Vecchio to present CEO candidate in Feb – source
MILAN (Reuters) - Generali shareholders Francesco Gaetano Caltagirone and Leonardo Del Vecchio are set to present an alternative CEO candidate and a new business plan for Europe's third-largest
Credit Suisse names wealth executive as new sustainability chief – memo
By Simon Jessop and Brenna Hughes Neghaiwi LONDON (Reuters) - Credit Suisse has appointed wealth management executive Emma Crystal as its new chief sustainability officer, replacing Marisa Drew, who
Yale chief investment officer Swensen dies of cancer
May 7, 2021 By Svea Herbst-Bayliss BOSTON (Reuters) -David Swensen, who spent more than three decades managing one of the world’s best performing college endowments...
Sri Lanka plans laws, fast-track measures to attract foreign exchange
COLOMBO (Reuters) - Sri Lanka will introduce new laws to attract investments while policies to develop exports, tourism and remittances will be fast-tracked in a bid to rebuild foreign exchange
Column: What you need to know about Medicare’s solvency problem, and how to fix...
February 18, 2021 By Mark Miller CHICAGO (Reuters) – The most urgent retirement issue facing the new Biden administration and Congress is not Social Security...
Nearly 160 million U.S. households to get virus stimulus checks: White House
March 5, 2021 WASHINGTON (Reuters) – A total of 158.5 million households would receive direct payments under the Senate version of a $1.9 trillion coronavirus...
BlackRock expands China footprint with wealth management licence
May 18, 2021 SHANGHAI (Reuters) -BlackRock Inc has received a licence in China for a majority-owned wealth management venture, expanding its footprint in the country’s...
China to increase investment, product offerings in natural disasters insurance – statement
BEIJING (Reuters) - China's banking and insurance regulator said on Thursday that it will guide insurers to increase investment in natural disaster insurance and enrich product offerings.