Industry News

Industry News

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Jefferies to Spin Out Quant Hedge Fund With Some Staff Leaving

Investment BankingUSNew York

Bank of Canada Says Financial System Strong Despite Virus Shock

BlackRock’s Role as Fed Adviser Confers More ‘Clout’ Than Fees

US

Ex-Pimco Chief Wins Chance at Do-Over in College Cheating Case

FICCEquitiesUSCEO

Hapoalim profit plunges on Covid-19 credit provisions

Private BankingIsrael

EMEA emerging market banks face rising risks amid lockdown, oil shock

EMEA

GCC outlook: Should we worry about inflation after COVID-19 bailouts?

MENA/GCC

Fed chair Jerome Powell warns the US faces extended period” of weak growth

US

Trump threatens new taxes on companies that make goods outside United States

US

UBS Sees Muni-Bond Market Facing Biggest Storm in Modern History

Country risk: Brazil and Mexico will avoid going the way of Argentina

LATAM

Can Europe’s neobanks survive the funding shake out?

Europe

Private equity firm 3i Group holds dividend despite profit slump

Private EquityEurope

The Sales Teams Winning in Brazil

LATAM

Shekel extends losses as markets tumble

Israel

Diamond Sales Plunge 95% at Russia's Top Producer

FICCRussia/CISCEO

BlackRock scraps EM chief’s Asia fund ahead of redemption

Asset ManagementUSAsiaCEO

KKR Acquires Majority Stake in Australian Wealth Manager

Private Equity

HKEX: Capitalize on Closer China-Southeast Asia Ties

AsiaUSHong Kong

Commonwealth Bank of Australia: Why is KKR buying Colonial First State?

CEO

HSBC Lost About $200 Million in One Day on Gold Market Turmoil

Lebanon’s Banks Hire New Adviser in Fight for Survival

Private BankingLevant

Brazil Iron Ore, Power Giants Excluded From Norway’s Wealth Fund

LATAM

Brewin Dolphin's profit dips despite increased demand for advice

EuropeCEOLondon