Nicholas Statman

Breakingviews – Ant squashes some Asian investment bankers – Reuters

HONG KONG (Reuters Breakingviews) – Bankers this year are at the mercy of the mighty Ant. The Chinese fintech company’s initial public offering will have an outsized influence on their performance. A…

Indonesia, Japan promote own currencies for trade and investment – Reuters

JAKARTA, Aug 31 (Reuters) – Indonesia’s central bank and Japan’s finance ministry have named a number of banks as cross currency dealers to encourage the use of the rupiah and yen for bilateral trade…

More cash, less buzz for 2020 investment bank interns – Reuters

LONDON (Reuters) – Buzzing trading floors, classrooms and networking drinks have been replaced by online projects, ‘hackathons’ and fitness sessions for the class of 2020 investment banking interns. …

Global investment banks see yuan gaining further, revise forecasts – Reuters

SHANGHAI, Sept 2 (Reuters) – Global investment banks are revising up their forecasts for the Chinese yuan, betting that its recent rally will be sustained due to persistent dollar softness and contin…

The Beginning of the End of the Plastic Era Is Here

While the trend for investing in oil and gas industry has been downward for years, the pandemic has established it as a pretty garbage investment. The industry has set its hopes on plastic to turn th…

CalPERS investment chief steps down at $400 billion pension fund – Reuters

(Reuters) – California Public Employees’ Retirement System (CalPERS) said late Wednesday Yu Ben Meng resigned as its chief investment officer and Dan Bienvenue, deputy chief investment officer, will …

Vietnam Jan-Jul FDI inflows drop 4.08% y/y to $10.12 bln – govt – Reuters

HANOI, July 27 (Reuters) – Vietnam received $10.12 billion in foreign direct investment (FDI) in the first seven months of the year, down 4.08% from a year earlier, the Ministry of Planning and Inves…

California state controller asks CalPERS to investigate CIO’s exit – Reuters

(Reuters) – The California State Controller Betty Yee has called for the board of the California Public Employees’ Retirement System (CalPERS), the largest public U.S. investment fund, to launch an i…

CalPERS investment chief steps down at $400 bln pension fund – Reuters

Aug 6 (Reuters) – California Public Employees’ Retirement System (CalPERS) said late Wednesday Yu Ben Meng resigned as its chief investment officer and Dan Bienvenue, deputy chief investment officer,…

Algeria’s Sonatrach, Cepsa sign MoU for joint investment – Reuters Africa

ALGIERS, July 29 (Reuters) – Algeria’s Sonatrach and Spain’s Cepsa on Wednesday signed a memorandum of understanding for talks on possible joint investment in exploration and production in the North …