Industry News

Industry News

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South Africa’s Gold Stocks Soar as Bullion Closes In on Record

HSBC Job Cuts Reach Asia

EquitiesAsiaManaging Director

UAE Energy Trader to Restructure Finances Following Oil’s Crash

MENA/GCC

Dutch AM closes all Lux funds together with €3bn ESG credit strategy

Asset ManagementEuropeLuxembourg

European Markets Look to Watershed Moment on Recovery Funds

Europe

S&P 500 rises on optimism over COVID-19 vaccine, stimulus

USNew York

Middle East wealth funds plan more European bargain hunting, says Invesco

MENA/GCC

Russia's Sberbank may be able to write off $2 billion state loan

Russia/CIS

Goldman Sachs executives in Malaysia to discuss 1MDB: finance minister

Investment BankingUSAsia

Survey reveals trust in UAE banks on the increase

MENA/GCC

Billionaire Commodity Trader Daniel Mate Retires From Glencore

FICC

Chevron to buy Leviathan, Tamar operator Noble for $5b

IsraelMENA/GCCCEOTel Aviv

Citi made an important hire for its post-COVID M&A business

Investment Banking

Banks are hiring junior credit traders after a strong first half

EuropeLondon

Fund manager on Invesco's $853m ‘belt and road’ debt fund retires

Asset Management

Treasury's Mnuchin open to blanket forgiveness for smaller business relief loans

US

UBP Bolstered During Corona Crisis

Private BankingEuropeCEOGenevaLondon

UBS Snaps Up Swiss Venture Stake

EuropeCEOZurich

UBS: Just a Quarter of Family Offices Missed Benchmarks

Private Banking

UOB Inks F&B Industry Tie-Up

AsiaSingapore

BNY’s Brain: EU's €750bn Covid fund could boost periphery bonds

FICCEurope

Axa IM liquidates duo’s flexible mixed-asset fund

Asset ManagementEuropeLuxembourg

Edmond de Rothschild launches Green New Deal-themed fund

Asset ManagementCEO

Fed Adapts Main Street Program to Include Smaller Nonprofits

USNew York