Hints and tips:
...Steven Meier, chief investment officer of the $264bn New York City Employees Retirement Systems, said his fund was expanding into private credit when “everyone else has pulled back”....
...Steven Foresti, a senior adviser at Wilshire, an investment adviser that works with public pension funds, said some industry players were “a little bit early on that journey” to understand the risks of using...
...“China is the only region in the world that is growing, so cosmetics companies need to manage these political challenges and continue to sell their products,” said Yu Sato, a cosmetics industry analyst in...
...White & Case has hired M&A lawyer Di Yu as a partner in London. She joins from law firm Slaughter and May....
...[MUSIC PLAYING] Former US Treasury Secretary Steven Mnuchin just landed a big investment from SoftBank....
...Trump’s Treasury secretary, Steven Mnuchin, was widely blamed for stalling talks held at the OECD....
...Additional reporting by Xinning Liu, Sherry Fei Ju and Sun Yu in Beijing...
...On a trip to Qatar Steven Mnuchin, the US Treasury secretary, seemed to bask in the unfamiliar feeling that the US might actually be reducing uncertainty around the world....
...additional reporting by Sun Yu in Beijing...
...In a tweet on Friday afternoon, Steven Mnuchin, the US Treasury secretary, said the two sides had “constructive talks” that would resume next week in Washington....
...“Releasing liquidity can activate some credit flows, but it’s still too early to call this broad-based stimulus,” said Shao Yu, chief economist at Orient Securities in Shanghai....
...As Jeremy Stevens, China economist for Standard Bank, puts it: “Last year the PBoC got an assist from the Fed.” This year the PBoC needs no such help....
...Mr Yu added that he expects the dollar rally to stall or reverse as the new administration seeks to map out its position on the strong greenback....
...Mr Trump “has talked more about the renminbi than he has about the dollar”, said Steven Englander, head of FX strategy at Citigroup. The quandary for Mr Trump is this, said Mr Ruskin....
...Steven Saywell, strategist at BNP Paribas, said: “People have been stopped out.” “The market is still long dollar, but it’s very small....
...Geoff Yu, strategist at UBS, thinks the pound may be near a peak against the dollar, but could rise further against the euro....
...Geoff Yu, strategist at UBS, says hedge funds are behind the shift in currency flows and reflect a growing view among economists that any move by the Fed to reduce its emergency asset purchases this month...
...Hsin Yu Yong, who headed investment banking in southeast Asia before Mr Barg arrived will go back to being sole head of the region....
...“Switzerland is the new incipient China,” said Steven Englander, Citigroup’s head of foreign exchange strategy....
...“Sweden will need to set monetary policy now with the SNB in mind,” says Mr Yu....
...Geoffrey Yu at UBS said: “Despite widespread talk of restarting the printing presses, global investors are not walking the walk.”...
...The US attorney’s office in San Francisco unsealed criminal charges against Ebrahim Shabudin, the former chief credit and chief operating officer of UCB, and Thomas Yu, manager of credit risk and portfolio...
...“The net effect is limited at best,” agrees Geoffrey Yu at UBS, who says that internal flows at the bank show that their investors have been net selling the euro against the dollar for most of the year....
...“The revelations out of Ireland highlight the limit to euro upside,” said Geoffrey Yu, strategist at UBS....
...Also boosting the Aussie, and other commodity-linked currencies, were bullish comments from Yu Bin, a Chinese government economist, who said growth in China could reach 12 per cent in the first quarter....
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