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Exclusive-China's CICC may cut investment banking headcount by at least 10% this year, sources say
Reuters via Yahoo Finance· 1 day agoChina International Capital Corp (CICC) may reduce its investment banking headcount by at least 10%...
China Outbound Investment Rule to Be Completed by End of Year -- US Official
US News & World Report· 4 hours agoCommerce Secretary Gina Raimondo said Wednesday she expects rules to implement U.S. outbound investment restrictions on China will be completed by the end ...
China’s Surging Industrial Loans Aren’t Going to Its Factories
Bloomberg via Yahoo Finance· 18 hours ago(Bloomberg) -- As China’s industrial capacity emerged as a key trade issue, a surge in Chinese bank...
China dials up IPO scrutiny with on-site inspections, leaving bankers anguished
South China Morning Post· 15 hours agoThe China Securities Regulatory Commission (CSRC) said last month on its website it would conduct...
CICC, Citic, JPMorgan Cut Investment Banking Jobs in China as Deals Stall
US News & World Report· 1 day agoBeijing-based China International Capital Corp (CICC) is planning to reduce its investment banking headcount by at least 10% this year, two people with ...
China Is Buying Gold Like There’s No Tomorrow
New York Times· 4 days agoFor Ms. Lin, a 25-year-old administrative worker in southern China, the $80 beans — small enough to rest on a fingertip and weighing about one-thirtieth...
UK challenger bank Monzo nabs another $190M as US expansion beckons
TechCrunch· 7 hours agoMonzo has raised another £150 million ($190 million), as the challenger bank looks to expand its...
UBS Raises China GDP Growth Forecast to 4.9% From 4.6% After First Quarter Beat Expectations
Digital Journal· 1 day agoPRESS RELEASE Published May 7, 2024 ACCESSWIRE NEW YORK, NY / ACCESSWIRE / May 7, 2024 / UBS Investment Bank has upgraded its economic growth forecast for ...
China’s CICC Demotes Senior Bankers, Cuts Pay to Slash Costs
Bloomberg· 3 days agoChina International Capital Corp. is planning to demote some of its senior bankers and cut their...
Billionaires alone won’t turn Narendra Modi’s India into a rich country
CNN Business via Yahoo Finance· 4 hours agoNarendra Modi, Mukesh Ambani and Gautam Adani are playing a fundamental role in shaping the kind of...