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Industry News

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Credit Suisse Raids UBS for Latin America

Private BankingLATAMManaging Director

Hong Kong Think Tank Suggests More Mainland Derivatives

AsiaHong Kong

Turkey's Central Bank raises interest rates by 200 bps

Turkey

Shekel loses sharply on new lockdown restrictions

FICCIsrael

Kuwait gets first Moody’s downgrade over ‘liquidity risks’

MENA/GCC

Saudi Arabia is ‘assessing all options’ to stimulate economy

MENA/GCCRiyadh

UAE banks avail Dhs44.72bn of TESS liquidity scheme by end July

MENA/GCCDubai

UAE, Israel discuss cooperation in energy sector

MENA/GCCIsrael

UAE central bank urges banks to step up anti-money laundering efforts

MENA/GCCDubai

Julius Baer Overhauls Pay After PDVSA Rebuke

Private BankingEuropeCEOZurich

Finma Censures Swiss Bank Over Angola

Private BankingEuropeGeneva

SNB Sees High Degree of Uncertainty

Europe

DBS and Keppel to Collaborate Under MOU

Corporate BankingAsiaSingapore

UBS-Credit Suisse Merger Talks Stagnate

EuropeZurich

Invesco launches its first euro hybrid bond ETF

Asset ManagementEurope

Franklin Templeton creates new $120bn multi-asset solutions platform

Asset ManagementUS

HSBC Loyalists Lose Faith After Stock’s $83 Billion Plunge

AsiaHong Kong

Russia’s Sberbank Unveils Sweeping Transformation Into Tech Company

Russia/CISMoscow

BNP Paribas to Cut Another 120 Swiss Jobs

FICCEuropeZurichGeneva

Goldman Sachs AM launches global ESG income fund for $700bn bond team

Asset Management

BEA Readies Insurance Arm Sales Plan

Asia

UAE Central Bank's foreign currency reserves hit $96.40bln in July

MENA/GCC

UAE's GDP growth for 2020 to contract by 5.2% - Central Bank

MENA/GCC

UOB Kay Hian Partners Pico

AsiaLondonNew York Hong Kong