Industry News

Industry News

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HSBC Loyalists Lose Faith After Stock’s $83 Billion Plunge

AsiaHong Kong

Russia’s Sberbank Unveils Sweeping Transformation Into Tech Company

Russia/CISMoscow

BNP Paribas to Cut Another 120 Swiss Jobs

FICCEuropeZurichGeneva

Goldman Sachs AM launches global ESG income fund for $700bn bond team

Asset Management

BEA Readies Insurance Arm Sales Plan

Asia

UAE Central Bank's foreign currency reserves hit $96.40bln in July

MENA/GCC

UAE's GDP growth for 2020 to contract by 5.2% - Central Bank

MENA/GCC

UOB Kay Hian Partners Pico

AsiaLondonNew York Hong Kong

UK shares rise as PM assures jobs protection; BP weighs on oil stocks

Europe

Sunak to set out future of jobs furlough scheme on Thursday

Europe

Credit Suisse, UBS held tie-up talks backed by both chairmen: Bilanz

EuropeLondon

Singapore and India Bourse Make Peace and Build Trading Link

Asia

Exclusive: ECB plots Amazon-style market to prevent Wall Street COVID debt swoop

USEuropeNew York Frankfurt

Saudi's Arab National Bank CEO quits post after 15 years

Saudi ArabiaCEO

J.P. Morgan Loses Banker to the Super-Rich

Private Banking

Private equity major KKR to invest $754mln in Mukesh Ambani's Reliance Retail

Private EquityIndia

‘I don’t want star managers’: Inside Moreau’s first year as HSBC GAM chief

Asset ManagementCEO

Coutts begins closing EU accounts as banks step up no deal planning

Europe

Expected bank merger wave puts Deutsche Bank on stand-by

EuropeZurichFrankfurt

Natwest Markets cut another 79 people on a Zoom call

Europe

Around 1,000 Barclays staff to revert to home-based working as government advice shifts

EuropeLondon

UBS Snags Swiss IPO

Europe

Deutsche Bank CFO Signals Preference for Cross-Border Deals

CFO

British Banks Close U.K. Accounts of Expats as Brexit Nears

Europe