Oil prices down $2 a barrel on supply forecast
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Hong Kong grapples with banker shortage to keep up with IPO boom
Banks are hard pressed to meet regulatory guidelines and are under increased scrutiny over the quality of IPO paperwork
Blackstone leads the race to unlock US$7 trillion of cash in Japan
The firm and rivals are trying to coax them to put more of it in private equity and credit
Citigroup CEO Jane Fraser’s pay rises to US$42 million after banner year
Fraser received US$34.5 million in total compensation in 2024
