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HSBC's Elhedery takes fast track from finance to CEO
Reuters via Yahoo Finance Canada· 25 minutes agoThe Lebanese-born banker, appointed on Wednesday to succeed outgoing boss Noel Quinn from September, worked in some of the bank's top roles since 2005,...
Stocks Lose Momentum as Global Gains Take Breather: Markets Wrap
Bloomberg via Yahoo Finance Canada· 31 minutes ago(Bloomberg) -- European and US equity futures inched lower on Wednesday, taking a breather after...
Exiled Chinese tycoon Guo Wengui convicted in billion-dollar fraud scheme
USA TODAY via Yahoo Canada News· 1 hour agoGuo's assets were seized by the governments of China and Hong Kong in 2017 during money laundering...
Nomura Reshuffles Asia Investment Bank, Cuts Jobs in Slump
Bloomberg via Yahoo Finance Canada· 1 hour ago(Bloomberg) -- Nomura Holdings Inc. is reshuffling its Asia investment-banking team and cutting jobs...
The five biggest challenges facing new HSBC CEO Georges Elhedery
Reuters via Yahoo Finance Canada· 2 hours agoDelivering growth amid falling interest rates, navigating tensions between China and the West, and...
Stocks, dollar swing as rate bets offset by Trump inflation talk
Digital Journal· 3 hours agoFederal Reserve boss Jerome Powell ramped up hopes for a rate cut last week when he acknowledged...
Asian traders struggle to match Wall St record
The Nation· 3 hours agoRecent polls show the former president’s chances of beating incumbent Joe Biden have surged since the assassination attempt on him at the weekend, while his choice
Classic Hedge Fund Trade Is a Winner in China's Two-Speed Market
Financial Post· 6 hours agoInvesting in Chinese equities using the classic long-short trade returned more than 10% through late...
Exiled Chinese billionaire Guo Wengui found guilty on federal fraud charges
CNN.com· 7 hours agoGuo Wengui, the exiled Chinese billionaire, was convicted in a US federal court on Tuesday for defrauding thousands of his followers of more than $1 billion ...
Chinese Billionaire and Bannon Ally Is Convicted of Fraud
New York Times· 10 hours agoA federal jury found that Guo Wengui defrauded investors, many his own fervent supporters, of...