Citi hires JPMorgan asset management executive for Asia equities business

HONG KONG (Reuters) – Citigroup (C.N) said on Thursday it has hired Curt Engler, a senior executive from JPMorgan’s (JPM.N) asset management business in New York, as its Asia Pacific head of equities execution services. Based in Hong Kong, Engler will oversee all execution desks for Citi’s cash equities business in 12 markets across Asia Pacific and will also be […]

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Breakingviews – CLSA exodus leaves owner Citic with an empty shell

HONG KONG (Reuters Breakingviews) – CLSA’s exodus is leaving Citic with an empty shell. The brokerage’s star analysts are being poached by rivals like Credit Suisse and Jefferies. They take with them much of the brand value China’s Citic Securities paid $1.3 billion for in 2013. Such mergers tend to be messy. But the state-owned group has missed plenty of […]

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JPMorgan poaches UBS banker for China equities head role

HONG KONG (Reuters) – JPMorgan has poached UBS banker David Xu as head of its China equities business, according to an internal memo seen by Reuters, as the U.S. investment bank prepares to launch its majority-owned onshore securities joint venture. In March, JPMorgan won Chinese regulatory approval to set up a brokerage business in the world’s second-largest economy under new […]

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Terry Gou moves closer to run for Taiwan president

Consumer electronics magnate Terry Gou is stepping closer to running for president of Taiwan. Gou excluded himself Monday as the opposition Nationalist Party's candidate for vice president. Gou is chairman of Foxconn, the world's largest contract assembler of electronic consumer goods such as Apple's iPhones. Continue Reading Below Gou would bring a strongly pro-business and China-friendly platform to what is […]

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Dems fume as Trump moves to amend DC's July 4 celebration, possibly address the nation

Fox News Flash top headlines for May 10 Fox News Flash top headlines for May 10 are here. Check out what’s clicking on Foxnews.com President Trump has apparently taken charge of this year’s Fourth of July celebration in Washington, D.C., and will possibly give a personal address, angering some Democrats who fear the president will politicize the holiday. City officials in […]

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EA Is Making 2 Brilliant Moves With "Star Wars Jedi: Fallen Order"

Electronic Arts (NASDAQ: EA) is one of the world's top game publishers, responsible for developing and marketing some of the most popular gaming franchises in the world. Although the company has been facing some recent challenges, such as the underperformance of Battlefield V and the failure of some of its mobile game offerings to gain traction, the company still generates […]

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MOVES-State Street hires former Citi Asia head as new CEO of int'l business

April 15 (Reuters) – Custodian bank State Street Corp on Monday named former Citigroup Inc Asia head Francisco Aristeguieta as chief executive officer for its international business. Aristeguieta, who joins the company in July, will report to State Street CEO Ron O’Hanley. (Reporting by Uday Sampath in Bengaluru; Editing by Gopakumar Warrier) Source: Read Full Article

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Russia moves to expand state control of internet

Russian lawmakers approved Thursday a bill that would expand government control over the internet and whose opponents fear heralds a new era of widespread censorship. Continue Reading Below The bill would install equipment to route Russian internet traffic through servers in the country. That would increase the powers of state agencies and make it harder for users to circumvent government […]

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Russia moves to expand state control of internet

Russian lawmakers approved Thursday a bill that would expand government control over the internet and whose opponents fear heralds a new era of widespread censorship. Continue Reading Below The bill would install equipment to route Russian internet traffic through servers in the country. That would increase the powers of state agencies and make it harder for users to circumvent government […]

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Trump moves to cut aid to Central America, amid caravans and flood of refugees

Why President Trump’s threat to close the border with Mexico isn’t unprecedented Several U.S. presidents have closed parts of the southern border in times of national crisis; presidential historian Doug Wead explains. Making good on a longstanding threat, President Trump moved this weekend to cut direct aid to El Salvador, Guatemala and Honduras, whose citizens are fleeing north and overwhelming […]

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