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Morgan Stanley Bullish on Chinese Assets | UBS Predicts Asia M&A Pick Up in Latter 2023

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Morgan Stanley has joined Goldman Sachs in increasing its bullish bets on Chinese assets as China races to dismantle its Covid-Zero policies, boosting the nation’s growth outlook. According to a note by strategists including Laura Wang, the bank expects the yuan’s value to rise to 6.65 per dollar by the end of the year, which …

Morgan Stanley Bullish on Chinese Assets | UBS Predicts Asia M&A Pick Up in Latter 2023 Read More »

SBF Pleads Not Guilty to 8 Criminal Counts | Could Face Up to 115 Years

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Former FTX CEO Sam Bankman-Fried has pleaded not guilty to the eight criminal counts, including wire fraud, securities fraud, and violations of campaign finance laws that he faces after the collapse of FTX and accusations of misusing customer funds. If convicted, SBF could serve 115 years in prison. Daniel Friedberg, a lawyer who served as …

SBF Pleads Not Guilty to 8 Criminal Counts | Could Face Up to 115 Years Read More »

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