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...William Mansfield, Credit Suisse’s head of M&A for Europe, the Middle East and Africa, is departing for a new role at Deutsche Bank....
...The combined wealth business will be the biggest player in south-east Asia as well as the Middle East, and one of the leading managers in Latin America, helped by Credit Suisse’s Brazilian division....
...“Germany was right in seeking to ensure open markets, but so far they haven’t delivered.”...
...But things haven’t gotten any better. Melvin has lost a further 20.6 per cent in the first quarter of this year....
...But digital sales haven’t offset the sharp decline in the higher education business....
...And they haven’t lived up to their sky-high valuations....
...I haven’t spoken to anyone in the government, though not for lack of trying.”...
...The two groups were not named by the SEC in its complaint against Robinhood and haven’t been accused of any wrongdoing. The practice is something called payment for order flow....
...A 53-year-old father of three, Mr Chai has spent much of his life on the East Coast....
...In the Gulf, where malls also act as havens from the oppressive heat, operators are already diversifying from retail to provide more “experiential” offerings such as food and entertainment....
...The revelation emerged from a trove of leaked papers on offshore tax havens shared with the International Consortium of Investigative Journalists and news organisations....
...“This transfer gives reassurance to civil society in places where open society values are being challenged in ways we haven’t seen in a very long time,” he told the FT....
...Investors in Asia were dumping havens on Tuesday as worries over a potential US-North Korea conflict appeared to ease....
...Overnight on Wall Street, the lack of an escalation in US-North Korea tensions over the weekend helped to quell demand for havens following hefty gains for gold, the yen and the Swiss franc over the previous...
...The Middle East lags behind other regions in embracing digital commerce....
...The aborted coup that took place in Turkey late on Friday prompted investors to rush for popular havens, such as gold, the US dollar and the yen, but nerves had calmed and those moves were reversing on Monday...
...The line between “tax haven” and “tourist money trap” isn’t always clear — and it’s getting even hazier in Delaware....
...There is, in general, some pullback from the havens taking place this morning, with gold and the yen weakening. Japan’s market is shut today for the Marine Day holiday....
...European stocks initially sold-off on news of the attacks and investors shifted toward the perceived safety of havens such as gold and government bonds....
...The more bullish mode for Wall Street on Tuesday saw gold, a popular haven, weaken, but it had recovered 0.2 per cent to $1,203.06 an ounce in Asian trade today....
...Market jitters were again prompting investors to head for traditional haven assets. Gold was 0.4 per cent stronger at $1,091.38 an ounce. Similarly, government bond prices were creeping higher....
...The yen’s rally to a 12-week high partly reflects traders’ move into traditional havens at times of uncertainty....
...On Thursday, the 10-year JGB yield hit a record low of 0.197 per cent as heightened volatility sent investors scurrying for havens....
...Other popular havens were rallying amid the equities and Brexit sell-off, including gold, which was up a further 0.2 per cent at $1,228.58 an ounce after a 1.4 per cent gain on Tuesday....
...cent, followed by Malaysia’s ringgit, the New Zealand and Australian dollars, which were all up by about 0.5 per cent With market sentiment looking a little stronger today, investors were retreating from haven...
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