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Industry News

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Russian Economy Won't Reach Pre-Coronavirus Level Until 2024

Russia/CIS

IMF Sees Weaker Currencies Failing to Boost Emerging Economies

US

Julius Baer’s Record Profit Marred by Lower Interest Rates

EuropeCEOZurich

GCC debt to surge by record high of about $100bln in 2020 S&P

MENA/GCC

Julius Baer's Fair-Weather View of Dark Clouds

Private BankingEuropeCEO

Turkey likely to keep interest rates unchanged: Survey

Turkey

Julius Baer Profits Surge Amid Trading Frenzy

EuropeCEOZurich

Short-term external debt stock down in May

Turkey

Bellevue Profit to Collapse

Private BankingAsset ManagementEuropeUSZurich

Swiss Banks Probe Their Hong Kong Clients

Europe

Deutsche Bank's Google Move for Cloud Banking

EuropeUS

South Africa’s Gold Stocks Soar as Bullion Closes In on Record

HSBC Job Cuts Reach Asia

EquitiesAsiaManaging Director

UAE Energy Trader to Restructure Finances Following Oil’s Crash

MENA/GCC

Dutch AM closes all Lux funds together with €3bn ESG credit strategy

Asset ManagementEuropeLuxembourg

European Markets Look to Watershed Moment on Recovery Funds

Europe

S&P 500 rises on optimism over COVID-19 vaccine, stimulus

USNew York

Middle East wealth funds plan more European bargain hunting, says Invesco

MENA/GCC

Russia's Sberbank may be able to write off $2 billion state loan

Russia/CIS

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