Credit Suisse Cuts Top Bank Charges in Asia as Review Begins
Credit Suisse Group AG has begun cutting senior banking jobs in Asia, including three managing directors of investment banking and financing, as the Swiss giant carries out its plan to reduce global headcount by 9,000, people familiar with the matter said. Among the bankers fired were Johnson Chui, head of Asia-Pacific equity capital markets, Karen […]
Global Stocks Fall Extends to Asia After the US CPI
Asian stocks, bonds, and currencies fell in the wake of the widespread sell-off on Wall Street after warmer-than-expected inflation data fueled bets on jumbo interest rate hikes by the Federal Reserve. Stock indexes in Japan, Hong Kong, and Australia plunged after U.S. stocks had their biggest drop in more than two years, with the S&P […]