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European banks default-risk indicator jumps, AT1 bonds fall By Reuters
Finances

Australia’s Westpac splits consumer and business banking unit into two By Reuters

© Reuters. FILE PHOTO: A pedestrian looks at his phone as he walks past a logo for Australia’s Westpac Banking Corp located outside a branch

Asian stocks rise, Hang Seng boosted by more tech splits
Stock Market

Asian stocks rise, Hang Seng boosted by more tech splits By Investing.com

© Reuters. By Ambar Warrick Investing.com — Most Asian stocks rose on Friday and were headed for a positive quarter amid easing fears of a

Weekly Comic: Alibaba splits itself up
Finances

Alibaba splits itself up By Investing.com

© Investing.com By Geoffrey Smith  Investing.com — Alibaba (NYSE:) Group Holdings has begun a whole new era – and a whole new hype cycle. The