Goldman opens its new engineering office in Bellevue, to house AI and cloud professionals
The location will also provide Goldman the access to a deep pool of engineering talent and a strong pipeline of…
Author: Team Invest50
China’s two-speed economy, record exports and a consumer who will not spend
Over the first eight months of the year the surplus totalled USD 805.51 billion, which puts the annual figure on…
Trade war: Ottawa’s counter-tariffs kick in, Washington bans Canadian imports
Ottawa’s countermeasures match, in broad dollar terms, the latest tranche of tariffs imposed by Donald Trump on Canadian goods worth…
Tech boom props up China’s export fortunes amid weak domestic demand
Exports from the Asian giant surged 25% in August in US dollar terms, matching forecasts and accelerating from the 23.9%…
UBS opens institutional fund strategies to its Asian wealth clients
As per the UBS, the programme will initially be offered to global wealth management clients in Singapore and Hong Kong…
Norway’s wealth fund plans holdings cut worth USD 80 billion to US Treasuries
FeaturedWealth Management Norges Bank Investment Management wants to reduce government bonds in its portfolio and shift towards higher-yielding fixed-income assets…
Major breakthrough for Revolut as fintech giant wins conditional US banking licence
The company will now work through remaining applications and approvals with the FDIC, the Federal Reserve and the OCC, before…
Goldman Sachs, BofA-led consortium plans 2027 stablecoin launch
The group also eyes expanding into stablecoins pegged to other G7 currencies, with the euro emerging as the top priority…
Get serious, Carney tells Trump as US-Canada trade deal hangs in balance
Washington’s North American neighbour staged a walkout from negotiations a couple of weeks back on an agreement to avoid additional…
Aon to acquire USI in USD 17 billion deal as insurance consolidation intensifies
The acquisition strengthens Aon’s grip on America’s middle market while giving private-equity owner KKR a lucrative exit from the insurance…