Industry News

Industry News

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Covid Fears Are Pushing World’s Mega Rich to Set Up in Singapore

Israel

HSBC Promotes Investment Duo at Private Bank

Private Banking

Morgan Stanley IM adds two managers to $18bn Global Brands fund

Asset ManagementAsia

Bank of England could extend bank dividends suspension

EuropeLondon

UAE’s ADCB to lay off around 400 employees

MENA/GCC

Turkish Central Bank posts $86.3 bln in June reserves

Turkey

Fed announces extension in lending facilities until end of the year

US

Saudi Arabia posts $29bln deficit in Q2 as oil revenues slump

Saudi ArabiaMENA/GCC

Exclusive: Saudi banks may suspend dividend payouts for H1 2020

Saudi ArabiaMENA/GCC

What GIC’s annual results tell us about sovereign wealth under Covid-19

MENA/GCC

Argentina is unsure it can pay its debt offer

LATAM

Seba Bank Chairman Steps Down Abruptly

Europe

Dubai Financial Market appoints new CEO, reports 21% rise in H1 profit

MENA/GCCCEODubai

Martin Currie CEO handed top EMEA role as Franklin/Legg deal nears close

CEO

Ominous words for some people at HSBC?

Investment BankingPrivate BankingCorporate BankingAsia

'Extremely moderate' bonus threat at BNP Paribas, Deutsche & Barclays

Investment BankingPrivate BankingCorporate Banking

This might look like a prelude to layoffs at Goldman Sachs. Fear-driven WFH burnout is real

Investment BankingPrivate BankingAsset ManagementCorporate Banking

Vontobel: Good Result in Tough Environment

Private BankingInvestment BankingAsset ManagementCorporate Banking

PenSam hands Nordea global equity mandate worth €2.16bn

Equities

Venio has big ambitions for nano-credits to the unbanked

As Gold Smashes Records, Forecasters Ask Whether Peak Is Near

Private Equity Firms Quietly Return to Debt-Funded Payouts

Private Equity

Boris Johnson warns of second coronavirus wave in Europe

Europe

Ex-HKMA Chief: «The Third Financial Crisis May Be on the Horizon»

Asia