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Industry News

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Covid-19 could be good for Gulf equities

MENA/GCC

Global wealth manager UBS reveals top concern of UAE investors

Private BankingUSMENA/GCC

Iran FX rate seen unlikely to reverse course without revival of deal with US

US

HSBC's latest recruits indicate its new priorities

EuropeUSLondon

Goldman Sachs' guide to the best and worst perfoming banks in Q2

FICCInvestment BankingPrivate EquityUSEurope

Turkey, Spain agree to deepen economic, trade ties

Turkey

Gov’t defers loan repayments of $5.8 billion for second time

Turkey

Hong Kong’s Watchdogs Claim Post-NSL Finance Unaffected

Asia

Warren Buffett buys $800m of Bank of America shares

Private EquityUS

Russia Cuts Interest Rates to New Record Low

Russia/CIS

Tech titans drag Wall St. lower as virus cases mount

US

Trump, Saudi crown prince discuss economic recovery from coronavirus

MENA/GCC

Federated Hermes completes expansion of $1trn stewardship team

USEuropeCEOLondon

Digital transformation to drive recovery of GCC retail sector post-Covid-19

MENA/GCC

Citi Private Bank Appoints South Asia Chairman

Private Banking

Goldman’s 1MDB Fiasco Nears End With $3.9 Billion Malaysia Pact

Investment BankingAsiaUSNew York

Second former Pimco PM joins American Century’s quant unit

Asset Management

EM boutique names Mohamed El-Erian as chair

Asset Management

Bitcoin Suisse Eyes Unicorn Status After Funding

EuropeCEOZug

British Airways owner considers 2.8 billion euro share issue to prop up finances

EuropeUSLondon

Amazon in talks to buy 9.9% stake in Reliance retail arm: ET Now

Mergers and acquisitions up in H1 among US AMs, PwC finds

Asset ManagementUS

Gold Tops $1,900 as Veteran Mobius Says Buy Now and Keep Buying

FICC

Freak 6,500% Spike in Gold ETF Spurs India’s NSE to Scrap Trades

FICCIndia