Goldman Sachs shifts to full ownership of China securities joint venture

[ad_1] HONG KONG (Reuters) – Goldman Sachs Group Inc has signed a pact to buy out its China joint venture partner to make it the most advanced foreign bank to…

Economic uncertainty, profit-taking weigh on China shares; HK slumps on lockdown

[ad_1] * SSEC -1.1%, CSI300 -1.2%, HSI -1.7% * China premier warns of ‘hard battle’ still ahead on economy * Hong Kong to tighten social distancing measures after jump in…

Citic Securities, China Securities dismiss report of merger plan

[ad_1] HONG KONG, July 2 (Reuters) – China’s largest broker Citic Securities Co Ltd and smaller rival China Securities Co Ltd (CSC) said on Thursday they were not aware of…

Denmark begins global legal campaign to recoup tax fraud billions

[ad_1] COPENHAGEN (Reuters) – Denmark has opened a global campaign to recoup billions of crowns it alleges were paid out in fraudulent tax refunds between 2012 and 2015. Tax authorities…

Switzerland’s big three domestic banks must meet additional capital requirements by January

[ad_1] ZURICH (Reuters) – Switzerland’s three biggest domestically focused banks -Postfinance [PFAG.UL], Raiffeisen Switzerland [RFSHW.UL] and Zuercher Kantonalbank [ZKB.UL] – must hold capital against their possible restructuring or winding up…

Swiss watchdog asked Credit Suisse on Greensill risks – SonntagsZeitung

[ad_1] FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. REUTERS/Arnd Wiegmann//File Photo/File Photo ZURICH (Reuters) – The head…

Exclusive: Italian payments firm Nexi leads race for $10 bln Nets takeover – sources

[ad_1] By Pamela Barbaglia, David French LONDON/NEW YORK (Reuters) – Italian payments technology firm Nexi NEXII.MI is leading negotiations to buy Nordic rival Nets in an all-stock deal worth about…

UBS looked into anti-money laundering in hiring CEO Hamers, chairman says

[ad_1] FILE PHOTO: Axel Weber, UBS Chairman of the Board of Directors, attends a session during the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 22, 2020.…

Exclusive-Aon’s $30 billion Willis deal faces EU probe – sources

[ad_1] BRUSSELS (Reuters) -The European Union’s antitrust regulators are to open a full-scale investigation into Aon’s $30 billion bid for Willis Towers Watson to create the world’s largest insurance broker,…

Denmark’s Chr Hansen to sell food colouring unit to Sweden’s EQT

[ad_1] Sept 26 (Reuters) – Danish ingredients maker Chr Hansen Holding A/S said on Saturday it would sell its food colouring business to Swedish private equity firm EQT for 800…