Bloomberg Business

Credit Suisse Group AG said that it will buy Michael Klein’s investment banking boutique as it brings in the veteran dealmaker to lead the spinoff of its First Boston unit.

Julius Baer Group Ltd. sees India’s wealth market as a large opportunity even as private banking margins shrink globally, its top official in the country said.

Australia’s trade minister raised hopes that the lobster trade with China could restart within months amid a rapid thaw in diplomatic and economic relations between the countries.

Credit Suisse Group AG Chief Executive Officer Ulrich Koerner said he still expects to return to profit in 2024, after warning of a significant loss this year as the lender undergoes a radical transformation.

Debt-ridden Thai Airways International Pcl expects to exit its rehabilitation plan ahead of schedule and is shopping for new planes as the recovery in global tourism bolsters earnings.

Toshiba Corp. said it received an offer from a Japanese group as the conglomerate moved a step closer to ending a troubled chapter in its 148-year history — after a series of scandals plunged it into difficulty and set it on a path toward a sale.

Some traders in India’s bond market are betting that the central bank may have actually reached the peak of its rate hikes, even as the monetary authority sounded hawkish in its policy.

Business conditions at some of China’s smaller companies showed signs of improvement in January as the economy gradually rebounds from Covid Zero-induced damage.

Investors in the sizzling rally in global artificial intelligence-related stocks are getting a reality check.

Companies in Germany’s industrial heartland are continuing to burn dirty fuels like coal and oil that were adopted as a temporary solution at the height of Europe’s energy crunch last year.