Leadership
Gold hovers near record high on growing rate-cut bets
GOLD prices inched up on Tuesday (May 21), hovering near a record peak hit in the previous session as recent economic data boosted bets that the US Federal Reserve...
Deutsche Bank’s private-credit business beefs up team in Asia
DB INVESTMENT Partners is building up its private-credit team in Asia, citing the region’s attractive growth potential and relatively young population.
JPMorgan says every new hire will get training for AI
JPMORGAN Chase is immersing new employees in artificial intelligence (AI) training, preparing them for a technology chief executive officer Jamie Dimon has likened to the impact of the printing...
Jamie Dimon says succession at JPMorgan is ‘well on the way’
JAMIE Dimon has long joked that his retirement is five years away, no matter when he’s asked. But not on Monday (May 20).
Oil eases on worries about US inflation, interest rates
OIL prices eased less than 1 per cent on Monday as US Federal Reserve officials said they were awaiting more signs that inflation was declining before the central bank...
US: Nasdaq lifts to fresh record while Dow retreats
GAINS by several large tech companies pushed the Nasdaq to a fresh record Monday, on an overall mixed day for US equities as weakness at JPMorgan Chase dragged down...
UK listings shake-up alone won’t transform London IPO market, say analysts
BRITAIN will finalise its biggest shake-up of company listing rules in decades over the coming weeks, regulators said on Monday (May 20), as industry officials cautioned that the reform...
US dollar holds steady as investors wait for Fed guidance
THE US dollar was broadly steady on Monday (May 20) as investors awaited further clues to help chart the path of US interest rates in the wake of cautious...
