Yuan Gains After PBOC Move, Asian Stocks Climb: Markets Wrap
August 21, 2018

The yuan extended gains following a rally triggered by a surprise China central bank move to make it more expensive to bet against the currency. Asian stocks advanced Monday as the earnings seasons rolls on.

The offshore yuan built on Continue reading

Barclays Investment Bank Pays Females Half That of Males
February 26, 2018

Barclays Plc pays female employees at its investment bank division just under half as much as male colleagues on average, highlighting the gender imbalances in the industry and the concentration of men in highly paid roles.

The gender pay gap Continue reading

Everyone From Goldman Sachs to HSBC Wants a Piece of Saudi Banking
November 6, 2017

Saudi Arabia’s ambitious plan to transform its economy away from oil has global banks lining up for a piece of the action.

It’s already the busiest year ever for merger and acquisitions and financing deals in the kingdom and that’s prompting the world’s Continue reading

How Saudi Arabia Is Building Its $2 Trillion Fund
October 26, 2017

Saudi Arabia is stepping up plans to turn its sovereign wealth fund into a global giant. This week, it’s holding a coming-out party of sorts for the Public Investment Fund, which is central to the government’s effort to diversify the economy away from oil, under Continue reading