China Said Drafting Asset Management Risk Restrictions

China’s financial regulators are drafting new rules for the country’s asset-management products, with a view to reducing financial-sector risk by dispelling perceptions they are guaranteed by the government, according to people familiar with the matter. Bloomberg's Rosalind Chin reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)

Citi Plans to Hire 100 Wealth Advisors in Australia
02:13 - Citigroup is planning to hire 100 wealth advisers in Australia over the next three years as it seeks to triple its number of wealthy customers in the nation. Citi Australia Head of Banking and Wealth Management Distribution David Zammit speaks on "Bloomberg Daybreak: Australia." (Source: Bloomberg)
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