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(Bloomberg) -- To the outside world, Simon Sadler was the “block-trade king” in Asia, running a hedge fund that produced stellar returns for many years. Inside his firm’s Hong Kong headquarters, it was a pressure cooker for investment staff. Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’At $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Control...

(Bloomberg) -- UBS Group AG is looking to cut about 90 jobs in Asia private wealth and investment banking in March as China’s stock market rout and a slump in dealmaking have eroded revenue, people familiar with the matter said.Most Read from BloombergTrump Risks Losing More Than Half of Swing-State Voters If Found GuiltyDeutsche Bank Plans To Cut 3,500 Jobs And Lift PayoutsHouse Passes $78 Billion Business, Child Tax Break BillDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremli...

A private gauge of China’s manufacturing activity slowed its pace of expansion in September, suggesting there’s still room for caution as the nation charts its economic trajectory for the rest of the year. The Caixin manufacturing purchasing managers’ index was 50.6 last month, Caixin and S&P Global said in a statement Sunday—dipping closer to the

(Bloomberg) -- Haitong Securities Co. is mulling to take private its Hong Kong-listed investment banking unit, people familiar with the matter said, as it seeks to gain full control to turn around the loss-making arm.Most Read from BloombergDimon Warns 7% Fed Rate Still Possible, Times of India SaysChina Puts Evergrande’s Billionaire Founder Under Police ControlRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownIndians Have Five Days to Deposit $3 Billion in So...

(Bloomberg) -- UBS Group AG is planning to exit billions of dollars in loans to Credit Suisse’s clients in the Asia Pacific region, as the Swiss bank works to neutralize risks to its profitability and reputation from the defunct lender.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsBurning Ship’s Operator Says Almost 500 EVs Are on BoardChina Stops Short of Direct Consumer Su...

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Billionaire Anil Agarwal’s debt-strapped Vedanta Group got out a new loan for about $850 million, its...

Wisconsin River Meats rebuilds within a year of a devastating fire.

(Bloomberg) -- As the demise of Credit Suisse Group AG reverberated from Sydney to New York City on Monday, workers were given a clear message: get back to work. Promised bonuses and pay increases will still be paid after a tumultuous week that ended in the 166 year-old lender being taken over by its largest rival UBS Group AG, the bank said in a memo to staff that urged them to continue “business as usual.” UBS reminded employees not to divulge any business secrets to their new colleagues, ...

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