Industry News

Industry News

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UAE’s ADCB to lay off around 400 employees

MENA/GCC

Turkish Central Bank posts $86.3 bln in June reserves

Turkey

Fed announces extension in lending facilities until end of the year

US

Saudi Arabia posts $29bln deficit in Q2 as oil revenues slump

Saudi ArabiaMENA/GCC

Exclusive: Saudi banks may suspend dividend payouts for H1 2020

Saudi ArabiaMENA/GCC

What GIC’s annual results tell us about sovereign wealth under Covid-19

MENA/GCC

Argentina is unsure it can pay its debt offer

LATAM

Seba Bank Chairman Steps Down Abruptly

Europe

Dubai Financial Market appoints new CEO, reports 21% rise in H1 profit

MENA/GCCCEODubai

Martin Currie CEO handed top EMEA role as Franklin/Legg deal nears close

CEO

Ominous words for some people at HSBC?

Investment BankingPrivate BankingCorporate BankingAsia

'Extremely moderate' bonus threat at BNP Paribas, Deutsche & Barclays

Investment BankingPrivate BankingCorporate Banking

This might look like a prelude to layoffs at Goldman Sachs. Fear-driven WFH burnout is real

Investment BankingPrivate BankingAsset ManagementCorporate Banking

Vontobel: Good Result in Tough Environment

Private BankingInvestment BankingAsset ManagementCorporate Banking

PenSam hands Nordea global equity mandate worth €2.16bn

Equities

Venio has big ambitions for nano-credits to the unbanked

As Gold Smashes Records, Forecasters Ask Whether Peak Is Near

Private Equity Firms Quietly Return to Debt-Funded Payouts

Private Equity

Boris Johnson warns of second coronavirus wave in Europe

Europe

Ex-HKMA Chief: «The Third Financial Crisis May Be on the Horizon»

Asia

NatWest looks at slashing costs by £3bn over the next five years

Corporate BankingEurope

Deutsche Bank's pay predicament is a bad omen for rivals. Tumble weeds in finance hubs

Private BankingInvestment BankingCorporate BankingEMEACEEMEAEuropeUS

HSBC arranges first green export credit agency loan for Saudi ministry

Investment BankingPrivate BankingCorporate BankingAsia

Five questions about the Goldman 1MDB settlement

Investment BankingAsia