Asset managers appear resigned to the drive by governments globally to collaborate on information exchange and withholding requirements for combating tax evasion, says JP Morgan.
Tag : us
Senior executives from the bank's private wealth unit set out why the Chinese stock market worries them but US equities are a buy.
Punitive taxes for non-compliance, and other areas of leverage, could mean Beijing comes to an intergovernmental agreement with the US.
Agent securities lenders say planned US counterparty credit limits and money-market fund reforms are driving them into high-margin trades.
