Berkshire Hathaway Inc. has undertaken a massive buying spree, increasing its shares in multiple companies as fears of an economic recession have driven stock prices downward. In the first quarter of 2022, the company greatly increased its shares of Occidental Petroleum Corp. and Chevron Corp. and continued to add to its position in Apple Inc….
Credit Suisse’s Problems Mount as Lender Warns of Fourth Quarter Loss
ZURICH—Credit Suisse warned on Tuesday that it would post a fourth-quarter loss as the scandal-hit lender flagged fresh legal costs and said business in its trading and wealth management divisions had slowed. Switzerland’s second-largest lender announced plans in November to rein in its investment bankers and plough money into looking after the fortunes of the…
China’s New Rules on Foreign IPOs Could Mean More Regulatory Risks for Investment Banks, Expert Says
January 5, 2022
admin
CCPChinaChina Business & EconomyChina Securities Regulatory Commission (CSRC)CSRCDidiForeign banksinvestment bankIPOsoffshore listing
0 Comment
New Analysis Foreign investment banks are likely to see more regulatory risks when underwriting IPOs for Chinese firms, according to financial analysts. On Dec. 24, 2021, the China Securities Regulatory Commission (CSRC) issued a draft regulation targeting Chinese companies listing abroad. The new rules will require investment banks that assist Chinese firms in obtaining foreign…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`