The head of healthcare investing at Goldman Sachs Asset Management , Jo Natauri, will leave the company at the end of the year to pursue other opportunities in the sector.
Canada's financial regulator on Tuesday said it was raising the amount of capital the country's biggest lenders must hold as a stability buffer by 50 basis points to 3.5%, citing stresses on the financial system.
Britain's Financial Conduct Authority (FCA) has restricted the movement of cash and assets from Odey Asset Management to restore order at the firm after the removal of founder Crispin Odey, the Financial Times reported.
Deutsche Bank's new retail boss wants to get cyber-savvy youth into bank branches and put the bank at the heart of communities, a bold vision in an industry struggling to balance technology with a brick-and-mortar presence.
Cautious optimism in the developing world that wealthier countries and China had finally fixed the tortuous process of sovereign debt restructurings is fizzling again.
Carlyle Group Inc named company veteran John Redett as its new chief financial officer, the investment firm said on Tuesday, in the first major appointment under Chief Executive Officer Harvey Schwartz's leadership.
Private equity firm KKR has agreed to purchase a substantial portion, or up to 40 billion euros ($43.71 billion), of PayPal's buy now, pay later (BNPL) loans in Europe, the payments company said on Tuesday.
Shadow banks are growing quickly across the euro zone and represent a growing risk to the entire financial system, requiring lenders to be more stringent when dealing with such entities, European Central Bank supervisor Andrea Enria said.
President Macron hosts a summit in Paris this week to discuss reform of the world's multilateral finance institutions in the face of climate change and other development challenges.
French President Emmanuel Macron hosts a summit on Thursday and Friday to pin down a roadmap for easing the debt burdens of low-income countries while freeing up more funds for climate financing.
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