Tuesday, 7 June 2022

Credit Suisse appoints Huang as head of APAC asset management

Credit Suisse appoints Huang as head of APAC asset management

Credit Suisse has appointed Min Huang to lead its asset management business in the Asia Pacific, an internal memo reviewed by Reuters showed on Tuesday.

Julius Baer hires Doha Bank's head of private banking to lead Qatar expansion

Swiss wealth manager Julius Baer has hired the former head of private banking at Doha Bank, Slim Bouker, to lead an expansion in Doha, where it plans to open an advisory office at the Qatar Financial Centre, it said on Tuesday.

Deutsche Bank launches Berlin tech hub, draws staff from Russia operations

Deutsche Bank said on Tuesday that Berlin was now one of a handful of technology centres the lender runs around the world and sources said many staff who worked at the bank's offices in Russia had moved to the new German operation.

Deutsche Bank brings several hundred Russian IT experts to Germany - Handelsblatt

Deutsche Bank has relocated several hundred Russian IT experts to Berlin, offering all employees of its Russian tech center a job in Germany, the Handelsblatt newspaper reported on Monday, citing sources close to the matter.

China's Ant Group launches digital bank ANEXT in Singapore

China's Ant Group, a financial technology (fintech) giant controlled by billionaire Jack Ma, on Monday said it has launched a digital wholesale bank incorporated in Singapore, dubbed ANEXT Bank.

220427CanadaWheat_1920x1080.jpg
Sponsored by CME Group: The role of Canadian wheat

Canada has long been one of the world's top wheat exporters, with the majority of that the Canadian Western Red Spring variety. On the horizon: a new tool for participating in that market.

Learn More

Speculators cut net long bets on U.S. dollar

Speculators' net long bets on the U.S. dollar fell to a five-week low, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.

Switzerland revises liquidity rules for systemically important banks

The Swiss government on Friday announced new rules for the nation's five major banks, requiring that they boost their liquidity in order to better weather events such as the COVID-19 pandemic in future.

Citi's fat-finger trade could cost bank more than $50 million - Bloomberg Law

Citigroup Inc could record losses of more than $50 million after a London-based employee's fat-finger trade caused a flash crash in European stocks last month, Bloomberg Law reported on Thursday, citing people familiar with the matter.

Canada's Brookfield unit among sanitation companies seeking Brazil IPOs

Two sanitation companies are expected to break Brazil's IPO drought in the coming months.

Morningstar scraps ESG product found to overly focus on Israel

A unit of Morningstar Inc that rates companies on environmental, social and governance criteria will no longer sell a human rights research product to investors after an independent review found it "focuses disproportionately on the Israeli/Palestinian conflict" relative to other high-risk regions, executives said on Thursday.

Related Videos

Wall St. ends higher as Powell assuages rate worries

Russian invasion 'pretty much locks in' gradual move by Fed -portfolio manager

Markets 'are beginning to accept this negative news event' -portfolio manager