Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
SHANGHAI Chinese prosecutors have dropped an investigation into the British chief executive of an alleged million-dollar pyramid scheme and allowed him to leave the country, a year after he was apprehended in a citizen's arrest by an investor.
SHANGHAI, May 15 Chinese prosecutors have dropped an investigation into the British chief executive of an alleged million-dollar pyramid scheme and allowed him to leave the country, a year after he was apprehended in a citizen's arrest by an investor.
SHANGHAI China's lenders are swapping struggling corporates for more promising retail borrowers - restructuring branches, teams and even overhauling bankers' commissions in an unprecedented push that is fuelling a record jump in home loans.
BEIJING/SHANGHAI China's biggest listed banks posted results that showed shrinking interest margins caused first-quarter profits to be near-flat, although there was a glimmer of hope as the pace of mounting bad debts slowed at some of the lenders.
SHANGHAI As China's banks prepare for a rigorous quarterly inspection of their books by the central bank, the ructions in money markets and an explosion in inter-bank borrowing show how addicted they are to risky methods of funding and investments.
HONG KONG Chinese brokerages, including the country's biggest, CITIC Securities Co Ltd , reported a sharp drop in profits in 2016 as lackluster stock market activity dragged down commission incomes.
SHANGHAI Agricultural Bank of China (AgBank) , the country's third-biggest lender, said it will spend three years building an anti-money laundering (AML) center to improve and centralize AML control, according to a statement circulated late on Thursday.
SHANGHAI/HONG KONG New rules to rein in a surge in private share sales by Chinese companies are pushing more cash-strapped firms to borrow instead, bankers and analysts say, adding to a corporate debt burden already at its highest since the global financial crisis.
HONG KONG Bankers and brokers in China are expecting a brutal bonus season over the next few weeks, as business dwindled on local stock markets last year, dragging industry profits down by half.
SHANGHAI Chinese banks are hiring blockchain experts as the government pushes use of the technology behind bitcoin to increase transparency and combat fraud in its financial sector.