 | | | | UniCredit has "limited" opportunities to reduce its exposure to Russia, the Italian bank's finance chief said on Wednesday, ruling out providing further support for the Russian subsidiary while emphasising it was not a financial drain on the group. | | | | | | The biggest commercial banks in Poland have teamed up to create a protection scheme to help ensure their liquidity and solvency, the banks said on Tuesday. | | | | | | 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. | | | | | | 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 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 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, 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. | | | | | | 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. | | | | | | 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. | | | | | | 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. | | | | | |
