China to launch market-making on STAR Market
SHANGHAI (Reuters) - China's securities regulator said on Friday it will introduce a market-making mechanism to Shanghai's Nasdaq-style STAR Market.
S.Africa’s Discovery forecasts jump in half-yearly profit
(Reuters) - South African insurer Discovery forecast on Friday a higher half-yearly profit, supported by new clients at its health insurance business and adequate provisions to cushion the impact of
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
Deadly U.S. tornadoes to cost insurers about $3 billion- KCC
(Reuters) - Catastrophe modeling firm Karen Clark & Company (KCC) said on Tuesday it expects insured losses of about $3 billion from the swarm of tornadoes and severe convective storms that caused
CSOP’s China bond ETF grows 10-fold amid robust foreign inflows
SHANGHAI (Reuters) - A Hong Kong-listed China onshore bond fund saw its size jump 10-fold over the past month on strong money inflows, its asset manager said on Tuesday, underscoring growing foreign
Column-Wall Street boom or bubble? Don’t blame it all on the Fed: Jamie McGeever
By Jamie McGeever (Reuters) - Wall Street is screeching to yet another all-time high, just as the Fed's Jackson Hole symposium is set to address wealth inequality and the central bank's role in
Vanguard says it supported more environmental and social resolutions
By Ross Kerber (Reuters) - Vanguard Group Inc said on Tuesday it supported environmental and socially focused shareholder resolutions 20% of the time this year, up from 6% in 2020, as climate change
BBVA’s Q4 net profit rises 1.6% y/y buoyed by Mexico and lower provisions
MADRID (Reuters) - Spain's BBVA on Thursday said its fourth quarter net profit rose 1.6% compared to the same period in 2020 due to a strong performance in Mexico, its main market, and lower
ING to quit French retail banking market, jobs at risk
PARIS (Reuters) -Dutch financial services company ING will quit the French retail banking business, it said on Tuesday, in a move that could affect 460 employees.
Billions of lockdown savings funnelled to funds
(Reuters) - Asset managers St James's Place, Rathbone and Man Group saw billions of pounds in inflows during the first half of the year, as household savings jumped during COVID-19 lockdowns, their