Industry News

Industry News

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Morgan Stanley says switch to large caps from mid caps

JPMorgan beats third quarter forecast as trading roars back to life

Deutsche Bank's Top Investor, Qatar, Is Getting Worried About the Lender's Outlook

BRIEF-JPMorgan sees firmwide 2016 adjusted expense to be about $56 bln

Ex-Rathbones director launches boutique

Swiss Private Bank UBP Ponders Asia Deals After Coutts Purchase

Citigroup profit falls 10.5 percent, but beats expectations

RPT-European equity funds continue to bleed: BofA-ML/EPFR

SoftBank and Saudi Arabia Team Up for $100 Billion Tech Fund; Partnership combines deep pockets with one of the world's most ambitious tech investors

Russian rouble volatility seen unchanged in October - central bank

U.K.’s May Loads Team for EU Talks With Pro-Brexit Ministers

Russian Benchmark Rate Should Stay at 10%, Central Bank Says

South Africa Finance Minister Gordhan Says He’s Here to Stay

ING to Move Trading Jobs to London Despite Brexit; Dutch bank plans to move 50 to 60 trading jobs to London from Amsterdam and Brussels

UniCredit sells 20 percent stake in FinecoBank for 552 million euros

UPDATE 2-BNP Paribas to cut jobs, branches in Italy – sources

BRIEF-Jupiter assets under management rise 9 percent to $50 bln

RPT-Wells Fargo's new CEO faces immediate test

MIDEAST STOCKS-Gulf set to weaken, Egypt may cheer $2 billion Saudi deposit

BANK OF ENGLAND WARNS: EU CANNOT REPLACE THE CITY

Pound at Weakest Level in History Against Currency Basket; Trade-weighted BOE index shows sterling has dropped more than 15% since Brexit vote

EMERGING MARKETS-Turkish lira at record low, EM stocks slide

Emerging markets outperform developed peers with double the returns

Societe Generale says looking to cut workforce in Switzerland