Ben Lorello, who is based in New York and is currently global head of investment banking and capital markets, is set to retire
New fund will invest in companies seizing opportunities among companies working towards a more sustainable use of ocean resources.
U.S. investment bank Goldman Sachs is rebuilding its business with private clients.
Wall Street opened in a bad mood Tuesday, with major indices sinking as traders assessed worrying Covid-19 developments and third quarter earnings.
The Indonesian central bank, Bank Indonesia (BI), Tuesday held the key interest rate at 4 percent for the fourth consecutive month.
China Evergrande Group is seeking as much as HK$8.43 billion ($1.1 billion) in a private share placement, accelerating efforts to shore up its balance sheet after a liquidity scare.
Bank reserves are the cash minimums that must be kept on hand by financial institutions in order to meet central bank requirements.
Russia’s external debt as of October 1, 2020, amounted to $461.2 bln, which is 6.16% (or $30.3 bln) less than at the beginning of 2020, the Bank of Russia said on Tuesday.
While some analysts fear Hong Kong could be marginalised by new emphasis on neighbour, others believe the two can complement each other.
The International Monetary Fund (IMF) on Tuesday projected the global economy to contract by 4.4 percent in 2020, 0.8 percentage point above the June forecast.
- IMF revises up 2020 global economy forecast to contraction of 4.4 pct (Xinhua News Agency: 2020-10-13 13:11:45+00:00)