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Industry News

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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

BlackRock Rebounds With Retail Investors Jumping Into Market

Investment BankingUSNew York

UBS, Morgan Stanley expected to lead Vodafone Tower IPO: sources

EuropeFrankfurtLondon

As big U.S. banks let customers delay payments, loan losses remain unclear

US

Saudi energy minister sees potential extension to oil cuts until end of 2022

MENA/GCC

Norwegian Billionaire Reshapes Oil Empire for Renewable-Energy Future

Northern Europe

Andrew Bailey says an uneven economic recovery has begun

EuropeLondon

Stuart Dunbar: «Equity Investors Shouldn’t Care About Stockmarkets»

Equities

IMF urges GCC, Arab states to balance reopening economy, keeping Covid cases down

MENA/GCC