Private banks and asset managers have called for China to unveil new economic support measures after growth again fell short of expectations in 2Q23. China’s GDP growth slowed to just 0.8% quarter-on-quarter in 2Q23, from 2.2% quarter-on-quarter in Q1, data released on Monday showed. A year to forget Bank of Singapore, J.P Morgan Asset Management, and Invesco and have all […]

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A hawkish tilt by the Federal Reserve is unlikely to take the steam out of a rally in global risk assets, according to private banks and asset managers. In its last monetary policy meeting of the year this week, the US central bank indicated that it could increase interest rates three times over the course of 2022, in view of […]

The post Private banks upbeat on risk assets despite Fed’s hawkish tilt appeared first on Asian Private Banker.

A German startup is seeking to provide an investment avenue for family offices, private banks, and U/HNWIs to earn juicy yields, while benefiting from the exuberance over cryptocurrencies without necessarily assuming the risks directly. Lendary automates margin lending by providing capital to margin traders in a fully controlled environment on one of the world’s largest cryptocurrency exchanges. “[It enables] investors […]

The post Want to rent shovels to cryptogold diggers? This German startup claims it can appeared first on Asian Private Banker.