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Industry News

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Baillie Gifford UK Growth sells Jupiter on concerns over future prospects

Asset ManagementEurope

Man GLG launches sustainable growth fund under Powe and Nordbäck

Asset ManagementNorthern Europe

Millennium hired a managing director from Morgan Stanley

Private BankingInvestment BankingAsset ManagementEurope

Quilter promotes Bowden to MD in management reshuffle

Investment BankingPrivate EquityEurope

Morgan Stanley bolsters PE efforts with ex-Carlyle hire

Investment BankingPrivate Equity

HSBC GAM hands Asia credit chief new HY fund

Asset ManagementAsiaCEO

FTSE slips on ex-div trading, U.S.-China trade doubts

USAsia

Confidence in economy improves again in November

Turkey

Russia ‘Outguns’ Britain and NATO in Eastern Europe – Report

EuropeRussia/CISCEEMEALondon

Schroders-backed Benchmark hires ex Fidelity man as MD

Investment BankingEuropeEMEACEOManaging DirectorZurich

Dubai's DIFC Fintech Hive plans to increase number of cohorts: Raja Al Mazrouei

MENA/GCCDubai

Islamic Development Bank set to raise $1.10bln in euro green sukuk

MENA/GCCDubai

HSBC swaps paper records for blockchain to track $20 billion worth of assets

LegalFICC

Saudi banks’ crackdown on financial fraud sees big fall in cases

Saudi ArabiaRiyadh

Veteran private equity staffer faces long jail term over £2.7m fraud

Private EquityEuropeLondon

Russian Billionaire Deripaska Stripped of Cyprus Passport – Politis

Russia/CISGreeceNicosiaMoscow

Britain's RBS launches digital bank Bó to take on start-ups

EuropeCEOLondon

FTSE hits four-month high as Trump says China deal close

USAsiaHong Kong New York

Trade and Brexit deals could push European stocks to record highs - Reuters poll

EquitiesEuropeAsiaUSLondonMilan

Gov’t vows to bring inflation down to single digits

TurkeyIstanbul

Ex-minister Babacan says new party to be launched by late December

TurkeyIstanbul

Bahrain's NBB reveals offer details for BISB stake purchase

CorporatesCorporate BankingMENA/GCC

Mideast Stocks: Most major Gulf markets up but banks hurt Qatar

EquitiesMENA/GCCDohaRiyadh

Franklin Templeton enters UK wealth market with Embark ‘material stake’

Asset ManagementNorthern EuropeEuropeZurich