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Jamie Dimon, the chief executive of JPMorgan Chase & Co, travels to mainland China this month for the first time in four years, sources said, the latest in a series of visits by top foreign financial executives since the lifting of tough COVID-19 curbs. ....
The Hong Kong Monetary Authority (HKMA) raised its main policy rate on Thursday, following the U.S. Federal Reserve's move, even as weakness in its pegged currency forced the de facto central bank to deplete banking system cash to 15-year lows. ....
Interest rate rises helped British bank Lloyds beat first quarter profit forecasts on Wednesday, but early signs of stress among some borrowers pointed to tougher times ahead. ....