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Negative-yield refugees turn to Asia

Private banking arms of Deutsche Bank and Credit Suisse advise clients to buy investment-grade Asian corporate notes in Brexit's aftermath.

AGAINST THE TIDE: Protesters at Parliament Square in central London on July 2 during a 'March for Europe' demonstration against Britain's decision to leave the EU.


INVESTORS fleeing negative-yielding bonds as "Brexit" spoils the global economy's outlook are turning to a region with the world's fastest growth and rising corporate earnings - Asia.

Private banking arms of Deutsche Bank AG and Credit Suisse Group AG advised clients to...