BEIJING (Reuters) – China must protect against all handball in off-balance sheet loans in the so-called shadow banking sector, and must have non-executive assets available as soon as possible, the head of the country’s banking and insurance regulator said on Sunday. In recent years, China has struggled on the shadow …
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Masayoshi Son, Chairman and CEO of SoftBank Group at the SoftBank World 2018 event in Tokyo, Japan. Kiyoshi Ota | Bloomberg | Getty Images SoftBank Group posted a quarterly profit of $ 12 billion on Tuesday after reporting historic losses of $ 13 billion for its last fiscal year. The …
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Understand harmony and balance. Balance stones against the sea. Rocks in the form of scales getty Customizing a portfolio today is different, but not difficult This is the point of the investment market cycle where fortunes are made and lost. And sometimes, both by the same person, one directly to …
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AP Photo / Nati Harnik Rocket Companies, which owns Quicken Loans, went public Thursday and voted founder and chairman Dan Gilbert’s fortune to about $ 34 billion. Gilbert is close friends with Warren Buffett and has worked with the Berkshire Hathaway investor and CEO several times over the years. For …
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Mario Anzuoni / Reuters Berkshire Hathaway’s Warren Buffett saw an 11% drop in revenue in the second quarter, but nearly $ 30 billion in year-on-year investment gains meant its net income grew 86% to $ 26.3 billion. The investor’s famous conglomerate reported $ 13 billion in net sales last year, …
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