SB

Loading

China’s new rules for finance pull the brakes on gravy train, bringing ‘greed is good’ era to a halt

“Everyone, from the top brass to people like us in middle ranks, earn less than before,” said a credit manager with Bank of China, one of the country’s “big four” state-owned banks, lamenting the loss of the staggering bonuses that she used to bag in the industry’s heyday.

China’s financial sector is always beholden to the government … No businesses in any country can operate in a vacuum

Li Xuenan

Pay cuts, first imposed on executives of state-owned financial institutions in 2010 by the banking regulator and now an industry-wide practice, appear to be a preview of what’s in store

20 Best Stocks to Buy Right Now According to Financial Media

In this article, we discuss the 20 best stocks to buy right now according to financial media. If you want to skip our detailed analysis of these stocks, go directly to 5 Best Stocks to Buy Right Now According to Financial Media. 

The United States economy has been hit hard by inflation concerns in the past two years, forcing the central bank to raise interest rates in a bid to curb surging prices. Over the last few months, however, inflation numbers have started stagnating. Latest data indicates that even though inflation was clocked at 3.2% in February, up slightly from