United States

Sumeet Chatterjee

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

May 24 2018

Foreign banks flex muscles in Australia as locals reel from scandals

HONG KONG/SYDNEY Foreign banks are circling Australia once more as they bet on resources and infrastructure investment gathering pace at a time when local banks are distracted by a government inquiry following a string of scandals.

May 23 2018

Global banks scrap for share of expected China MSCI trading boom

HONG KONG Western banks are scrambling to beef up research coverage of Chinese stocks as they look to cash in on the looming inclusion of mainland stocks in MSCI's flagship emerging markets indexes, which is expected to trigger a surge of foreign inflows.

May 14 2018

HSBC says performs first trade finance deal using single blockchain system

HONG KONG HSBC Holdings Plc said on Monday it has performed the world's first trade finance transaction using a single blockchain platform, in a push to boost efficiency in the multi-trillion-dollar funding of international trade. | Video

May 14 2018

JPMorgan applies to set up majority-owned securities business in China

HONG KONG JPMorgan Chase & Co said on Monday it has applied to China's securities regulator to set up a securities business in which the U.S. bank would own a majority stake under recently relaxed ownership rules.

May 07 2018

Carlyle set to close new Asia fund at $6.5 billion: sources

HONG KONG Carlyle Group is set to close its biggest-ever Asia private equity fund at $6.5 billion, people with direct knowledge of matter said, in a deal that adds to the record levels of funds seeking deals in the region.

May 04 2018

HSBC's $2 billion buyback fails to cheer investors as spending surges

HONG KONG/LONDON HSBC's new chief executive sought to mollify investors with a share buyback of up to $2 billion, as the bank reported on Friday an unexpected 4 percent drop in first-quarter pre-tax profit due to a surge in spending.

May 02 2018

StanChart still faces long haul on road to recovery

HONG KONG/LONDON Standard Chartered Plc beat expectations with a 20 percent rise in first quarter pre-tax profit on Wednesday, but disappointing income showed the long road ahead for its returns to meet targets after years of restructuring. | Video

Apr 25 2018

Global banks fear China will limit JV control through new rules

HONG KONG/SHANGHAI Western banks are seeking clarification from China's securities watchdog on proposals to allow them to take over their onshore securities ventures, amid concerns about high asset value requirements and limits to ownership by non-financial investors.

Apr 20 2018

Australia's IAG set to sell SE Asia businesses in regional retreat: sources

HONG KONG/SINGAPORE Insurance Australia Group is set to sell its four Southeast Asian businesses in deals that could be valued at about $500 million, under a review of its Asian operations, three people with knowledge of the matter said.

Apr 12 2018

Exclusive: Walmart close to buying majority of India's Flipkart

HONG KONG/MUMBAI Walmart Inc is likely to reach a deal to buy a majority stake in Indian e-commerce player Flipkart by the end of June in what could be the U.S. retail giant's biggest acquisition of an online business, two people with direct knowledge of the matter said. | Video


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