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Industry News

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StanChart Kenya restructures 6% of loan book due to coronavirus

Sub-Saharan Africa

Credit Agricole's first-quarter profit falls as loan provision rise threefold

EuropeCEO

UniCredit Posts $2.9 Billion Loss

Europe

Americans Wrong to Pile Up Cash; Go for Credit, UBS Wealth Says

Private BankingUS

Top Citi Banker Says Working From Home Won’t Be the New Normal

CEO

Abu Dhabi’s ADQ to buy Jordanian firm from founders, Carlyle

MENA/GCCAbu Dhabi

Janus Henderson Investors to reduce fees on four funds

Asset ManagementPrivate Equity

Fund Transfer Platform Attracts Prominent Investors

Private EquityAsia

Dutch AM and Nordic pension giant strike co-investment deal on credit risk

Asset ManagementEurope

Lessons to Be Learned From Falcon's Demise

Private Banking

How Covid-19 shook up Credit Suisse’s supertrends framework

Private Banking

Credit Suisse Plans Return in Phases

EuropeAsia

£2bn of 'bounce back' loans for SMEs approved in first 24 hours

Europe

Russia Moves to Gradually Relax Coronavirus Lockdown

Russia/CISMoscow

Russia’s Economic Woes Continue to Mount During Coronavirus Outbreak

Russia/CISMoscow

Lebanon Eyes Move to Flexible Exchange Rate in Economic Overhaul

MENA/GCC

U.S. Debt Sales to Hit Record With Deficit Headed to $4 Trillion

US

China Wealth Fund’s Head of Multi-Asset Group Resigns

Asia

German court gives ECB three months to justify sovereign bond purchases

Europe

Santander’s positivity is an outlier in Brazil

LATAM

Finding value in Asia Pacific

Asia

Overnight Markets: Wall Street gains as lockdowns ease, healthcare stocks rise

US

Turkish Treasury borrows $1.5 bln through auctions

Turkey

Sweden Pays High Price for Corona Success

Europe