Capital Markets Asset Management and Custody Banks

  • HONG KONG, April 5- Credit Suisse Chief Executive Officer Tidjane Thiam said on Tuesday the Swiss bank has been "underweight" in China and would look to build its wealth management capabilities in the world's second-biggest economy, despite slowing growth. Thiam told a media briefing on the sidelines of the annual Credit Suisse Asian Investment Conference in...

  • *India's banks hold record bad loans in absolute numbers. MUMBAI, April 5- Global distressed asset buyers such as J.C. Flowers& Co and Apollo Global are flocking to India, where banks have been ordered to clean up an estimated $120 billion of bad and troubled loans. Foreign firms have been similarly attracted to China, which has also seen an explosion in bank bad loans,...

  • SAN JUAN, April 4- Creditors of Puerto Rico's Government Development Bank on Monday sued to stop it from distributing money to creditors in what they call "preferential transfers" ahead of the GDB's May 1 debt payment that Puerto Rico's governor says may not be payable. Hedge funds including Brigade Capital Management and Claren Road Asset Management, who hold...

  • NEW YORK, April 4- Oil is in an early bull run despite the notion prices have rebounded too fast, too soon, hedge fund manager Jonathan Goldberg says as his energy-focused investment fund posts a 9 percent gain in the first quarter of this year. "Yes, the market is not as short as it was when prices were $26," Goldberg, manager of the $550 million BBL Commodities Value Fund...

  • NEW YORK, April 4- Oil is in an early bull run despite the notion prices have rebounded too fast, too soon, hedge fund manager Jonathan Goldberg says as his energy-focused investment fund posts a 9 percent gain in the first quarter of this year. "Yes, the market is not as short as it was when prices were $26," Goldberg, manager of the energy-focused $550 million BBL...

  • MUMBAI, April 4- Blackstone Group LP is buying Indian IT outsourcing services provider MphasiS Ltd from Hewlett Packard Enterprise Co, in a deal that could cost the U.S. asset manager up to $1.1 billion and be its biggest in the country. In December, Blackstone announced the purchase of a minority stake in India's IBS Software for $170 million.

  • BOSTON, April 1- Cider Mill Investments joined the $2.9 trillion hedge fund industry on Friday when founder Tom Wilcox, a former executive at Shumway Capital, officially began trading the newly established firm's $150 million in assets after years of managing his personal money. A spokeswoman for Cider Mill declined to comment. For Wilcox the launch marks a...

  • TORONTO, March 31- The financial health of Canadian pension funds declined in the first quarter of 2016, affected by volatile currency markets, weakness in equity markets and lower bond yields, consultancy Aon said on Thursday. Canada's largest public pension funds have continued to perform strongly, benefiting from their strategy of investing in assets...

  • BRASILIA/ SAO PAULO, March 31- Brazilian prosecutors on Thursday charged Joseph Safra, the world's richest banker, in connection with an alleged scheme to pay bribes to government officials in return for waiving tax debts. Safra, who alongside his family owns Banco Safra SA and a number of private-banking institutions including Switzerland's J Safra Sarasin,...

  • BEIJING, March 31- The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor programme rose to $80.95 billion as of March, from $80.8 billion at the end of February, the foreign exchange regulator said on Thursday.

  • Goldman Sachs hosts technology symposium

    Martin Chavez, chief information officer at Goldman Sachs, talks about the opportunities to apply new, disruptive tech and software to finance.

  • The outlook for asset management

    Mike Wells, CEO of Prudential, says the U.K. asset management space is becoming more competitive and comments on the trend of 'robo-advisors.'

  • Banca Monte dei Paschi di Siena

    CNBC takes a look at Europe's largest banks in the region by market capitalization and considers what, if anything, you need to worry about.

  • CNBC takes a look at what measures the euro zone has in place to stop banking systems in its 19 member countries going to the wall.

  • China's foreign reserves fell for a third straight month in January, as the central bank dumped dollars to defend the yuan and prevent an increase in capital outflows.

  • Have we hit the bottom of oil prices?

    Conrad Saldanha, emerging markets fund manager at Neuberger Berman, explains why his company's fund has been underweight in energy

  • BlackRock signage above building entrance in New York.

    BlackRock on Friday reported quarterly profit that was weaker than analysts expected, due to higher compensation costs.

  • China's people have become more wealthy: CEO

    Sergio Ermotti, CEO of UBS, discusses the bank's plans to expand its asset management business into China.

  • Martin Shkreli, CEO of Turing Pharmaceutical, is brought out of 26 Federal Plaza by law enforcement officials after being arrested for securities fraud on Dec. 17, 2015, in New York City.

    Bad-boy ex-pharmaceutical company CEO Martin Shkreli says fraud allegations against him are "baseless and without merit."

  • New Zealand's central bank cut interest rates to match a record low, but the kiwi dollar climbed on expectations the easing cycle may be ending.