Goldman bases new Asia Pacific chairman in Beijing
HONG KONG (Reuters) - Goldman Sachs said on Tuesday it had rehired veteran banker Mark Schwartz in the role of chairman of its Asia Pacific unit, based in Beijing, becoming the first global investment bank to place its sole regional chairman in China's capital.
J.P. Morgan hires ex-Goldman energy trader in Asia
LONDON (Reuters) - U.S. bank J.P. Morgan has hired an ex-Goldman Sachs energy trader to expand its customer flow business in Asia amid tightening regulation over proprietary trading, a source close to the matter said.
LOS ANGELES (Reuters) - Starbucks Corp on Tuesday will debut the first products in a line of U.S.-made mugs and other merchandise that will be sold in its roughly 7,000 U.S. cafes to support domestic manufacturing and raise money for its Create Jobs for USA fund.
Wall Street Week Ahead: Spain aid deal calms Europe fears
NEW YORK (Reuters) - U.S. stocks will get a lift on Monday after euro zone finance ministers agreed to lend Spain up to 100 billion euros ($125 billion) to help its battered banks.