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Latest News on private equity markets

Global stocks hover near seven-week lows as virus fears hit China markets after holiday

A gauge of global stocks hovered near seven-week lows on Monday as Asian stocks plunged on their first trading day after a long break, amid fears the coronavirus epidemic would hit Chinese demand.



5 years ago

Citi appoints Peter Crawley as treasury and trade head for Britain and Europe

Peter Crawley has been appointed as Citigroup Inc's Treasury and Trade Solutions (TTS) Head for Britain and Europe, based in London and will move into his new role with effect from April 6, according to a memo seen by Reuters.



5 years ago

Morgan Stanley donates $20 million to children's mental health programs

Morgan Stanley said on Monday it will give $20 million to seven nonprofit groups working to prevent youth suicide and fight depression and other children's mental health problems.



5 years ago

Lawmakers killed this tax strategy for the wealthy. Here's a workaround

New stretch IRA rules diluted a popular tax break for the wealthy, but retirement savers could use a particular type of trust as a workaround.

5 years ago

Oil falls as coronavirus hits demand; OPEC+ considers deeper cuts

Oil prices fell on Monday, dragged down by concern over demand in China after the coronavirus breakout, though the possibility of deeper crude output cuts by OPEC and its allies offered some price support.



5 years ago

Brexit trade deal clash: UK and EU begin sparring over rules

The European Union and Britain clashed over a post-Brexit trade deal on Monday with Prime Minister Boris Johnson insisting he need not sign up to the bloc's rules and Brussels warning of tariffs and quotas unless he did.



5 years ago

What Britain wants: Johnson outlines post-Brexit trade deal

Britain set out the type of deal it wants with the European Union on Monday, defining post-Brexit relations between the world's fifth largest economy and its biggest trading partner.



5 years ago

Credit Suisse proposes crisis manager Meddings for board seat

Credit Suisse proposed on Monday Richard Meddings, a British banker with long experience of crisis management, for election to its board in its first non-executive nomination since the Swiss bank was rocked by a spying scandal.



5 years ago

Merkel prepared for EU treaty changes as Brexit requires bloc to be more competitive

German Chancellor Angela Merkel said on Monday she would be prepared to back changes to the European Union's Lisbon Treaty, the bloc's legal cornerstone if need be, adding that the EU27 must become more competitive now that Britain has left.



5 years ago

Stunning Japanese Admission About China May Foreshadow Digital Currency Breakthrough

Forbes | Steven Ehrlich | Jan 27 2020 There are at least 18 central banks developing a form of sovereign digital currency, according to a recent survey from crypto news outlet The Block. Some such as China see the efforts as a way to reduce fraud, increase financial transparency, and support flagging economic growth. Others like

5 years ago

Analysts recommend buying Nike on coronavirus weakness: 'Multi-year buying opportunity'

UBS upgraded shares of Nike to buy from neutral and JPMorgan added the stock to its "analyst focus list" on Monday.

5 years ago

UK's Johnson calls for predictable UK-EU deal in financial services

A trade agreement between Britain and the European Union should provide a predictable, transparent and business-friendly environment for financial services firms and regulators, UK Prime Minister Boris Johnson said on Monday.



5 years ago

UK businesses need to prepare whatever the outcome of EU trade talks - PM's spokesman

Businesses will have to take the same steps to prepare for the end of the Brexit transition period whether Britain strikes the Canada-style trade deal it is seeking, or a less comprehensive deal, Prime Minister Boris Johnson's spokesman said on Monday.



5 years ago

Stock futures point to rebound as China seeks to curb virus impact

U.S. stock index futures climbed on Monday, following steep declines in the previous session, as China took steps to relieve pressure on its economy from the impact of the coronavirus epidemic.



5 years ago

Citi names Peter Crawley treasury and trade head for Britain and Europe

Peter Crawley has been appointed as Citigroup Inc's treasury and trade solutions (TTS) head for Britain and Europe, based in London, and will move into his new role with effect from April 6, according to a memo seen by Reuters.



5 years ago