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Industry News

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Potential €50m bill forces Santander U-turn on Orcel

Investment BankingCEO

Asset cap to weigh on Wells Fargo longer than promised

Asset Management

Lebanon dollar bonds gain after finance minister rules out debt restructuring

CorporatesMENA/GCC

BlackRock’s Fink looks to a ‘deep bench’ to pick heir

Private Equity

European businesses see no end to western sanctions against Russia

CorporatesRussia/CIS

BNP Paribas said shutting down another trading desk

FICC

UBS said to require 6 months gardening leave for top man

Investment BankingCEOZurich

Mideast Stocks: Saudi snaps winning streak as oil hurts most of Gulf

FICCMENA/GCC

Saudi energy minister says global economy, oil demand are strong

FICCUSAsia

Turkey's bonds hit by rising U.S. tensions

FICCTurkey

Blackrock Job Cuts Hit Switzerland

Private BankingEurope

Bloomberg: JPMorgan said planning to boost investment banking bonus pot

Investment Banking

Financials specialist PM exits Pimco

Lumen Hires CEO of UBS Asset Management in Singapore

Former JOHCM investment boss Black joins Polar as CIO

) Manager of £2.1bn Global Themes fund exits M&G

HSBC settles FX deals worth $250 billion on blockchain in last year

BlackRock plans succession in promotion of iShares boss

AllianzGI expands European private credit offering with senior hire

Candriam multi-management chief exits for Lux rival

Emerging market equity chief exits EdRAM

Jupiter taps JP Morgan as it builds Sheikh's team

Citi Private Bank names CIO and chief economist

Rowan Dartington hires first head of equity research