Industry News

Industry News

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U.S. bank profits plunge 70% on coronavirus loss provisioning

US

Deutsche has big ambitions for new International Private Bank

Private BankingUSCEEMEAManaging Director

Santander uses ThetaRay’s artificial intuition to bolster its AML defences

USEurope

Sweden’s Telia In Talks with Turkish Sovereign Wealth Fund for Turkcell Stake

TurkeyEurope

Goldman banker moving from Dubai to London in latest Middle East change

Private EquityMENA/GCCEuropeManaging DirectorLondonDubai

Royalty Pharma shares soar 57% in market debut

USAnalyst

Cerberus vows to continue push for change at Commerzbank

Europe

Russia's Gazprom to Reimburse Poland $1.5Bln

Russia/CISCEEMEAMoscow

Brahman Launches ESG Fund

Private EquityUSNew York

Abraaj ex-CEO’s alleged theft cost the firm $385m – liquidators

Private EquityMENA/GCCCEO

Fed Encourages Banks to Start Making Main Street Loans

US

Commerzbank set to cut more jobs and branches, says board member

Europe

Alts Association Defends Hong Kong’s Hedge Fund Hub Status

Investment BankingAsiaHong Kong

Credit Suisse's Softbank Ties Go Deeper

AsiaEurope

Coronavirus will have a lasting economic impact, says oil giant BP

US

Metro Bank confirms talks to buy peer-to-peer lender Ratesetter

EuropeCEO

Germany Boosts Debt by Another $70 Billion to Finance Stimulus

Europe

China puts Hong Kong's future on the line

Asia

Hinduja Scion Takes Over at Family's Swiss Bank

Private Banking

Credit Suisse Nets Veteran China Merchants Private Banker

Private Banking

Former Family Office CEO Joins HP Wealth Management

Private Banking

Baker & McKenzie Replaces APAC Chair of Banking and Finance

Asia

UBS M&A MDs now free to find new jobs

Investment BankingManaging DirectorCEO

SoftBank invests in Credit Suisse funds that finance its technology bets