Investors are looking for clues about consumer health as the holiday shopping season begins

NEW YORK, Nov 25 (Reuters) – Investors are closely watching U.S. retail stocks as a barometer of consumer confidence as inflation bites as the most important shopping season of the year opens on Friday. Consumer discretionary stocks, as measured by the S&P 500 Consumer Discretionary sector — the group of companies that profit from retail, … Read more

Exclusive: Embattled Credit Suisse aims to launch wealth business in China next year

A Credit Suisse bank logo is pictured in Geneva, Switzerland, June 9, 2022. REUTERS/Denis Balibouse Sign up now for FREE unlimited access to Reuters.com I am registering SINGAPORE, Sept 2 (Reuters) – Credit Suisse ( CSGN.S ), which has been hit by a series of scandals, management changes and changes in global strategy, is still … Read more

Investment bankers are waiting for the ax to fall

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 13, 2022. Sign up now for FREE unlimited access to Reuters.com I am registering NEW YORK, July 14 (Reuters Breakingviews) – Bankers who steered Wall Street’s profits during the darkest days of Covid-19 now find themselves in … Read more

Exclusive: Citigroup to hire 3,000 people in Asia’s institutional banking business boosting growth

The Citi bank logo is displayed in a showroom in Bangkok, Thailand, May 12, 2016. REUTERS / Athit Perawongmetha / File Photo Register now for FREE unlimited access to Reuters.com I’m registering HONG KONG, June 7 (Reuters) – Citigroup Inc (CN) plans to hire about 3,000 new employees for its institutional business in Asia over … Read more