Company News



Hong Kong Lures New York IPOs After China Auditors Ban

The U.S. ban on Chinese affiliates of the four biggest accounting firms stands to undermine a pickup in initial share sales by Chinese companies in New York. . .

http://www.bloomberg.com/news/2014-01-26/ban-means-hong-kong-luring-new-york-ipos-china-overnight.html



London Afternoon Currency Spikes Subside Under Regulators’ Glare

Trading is changing in the minutes before currency benchmarks are set as regulators shine a light for the first time on alleged misconduct in the $5.3 trillion-a-day foreign-exchange market. . . .

http://www.bloomberg.com/news/2014-01-27/london-afternoon-currency-spikes-subside-under-regulators-glare.html




Credit Suisse Bonuses to Have Bonds That Can Be Wiped Out

Credit Suisse Group AG (CSGN), the second-largest Swiss bank, is paying part of 2013 bonuses to top employees in bonds that can be wiped out if the firm fails to maintain enough capital. . .

http://www.bloomberg.com/news/2014-01-24/credit-suisse-follows-ubs-with-bonus-bonds-that-can-be-wiped-out.html



Citi bankers to receive at least half their bonuses in cash

Citigroup is set to pay most of its investment bankers in Europe at least half of their bonuses in cash, as US banks push ahead with moves to hand star employees the most generous pay deals in the industry. . .

http://www.theguardian.com/business/2014/jan/26/citi-bankers-bonuses-cash-europe