[ad_1] Bank of America’s global markets unit edged up 8% in the third quarter after a fresh push in its trading business, helping the Wall Street bank beat market expectations…
Tag: applenews
Financial News’ Quiz Of The Year 2023
[ad_1] The City had quite the year. But how good is your memory of the events that shaped it? Financial News is here to test your knowledge. Answers are at the bottom of…
Bank of America shakes up leadership in Germany and Switzerland
[ad_1] Bank of America has shaken up the senior leadership team of its operations in Switzerland and Germany after the retirement of Manuel Ebner, who is stepping down after 13 years.…
Royal London Asset Management’s Piers Hillier: ‘Private markets have not been this attractive for five or 10 years’
[ad_1] Royal London Asset Management only announced its push into private markets in October but chief investment officer Piers Hillier had been thinking about the move for several years. The…
Deutsche Numis targets UK top spot after £410m tie-up
[ad_1] Deutsche Numis targets UK top spot after £410m tie-up Deutsche Bank has lofty ambitions in the UK after its acquisition of City broker Numis Thursday, 30 November 2023 at…
The Fintech Files: Crypto shorts got it wrong on Binance
[ad_1] When Binance founder Changpeng Zhao pleaded guilty to criminal charges and resigned as CEO on 21 November, crypto short-sellers bet on another FTX-style market crash. Binance reached a mammoth…
Citi to cut 300 senior managers as Jane Fraser’s new structure takes shape
[ad_1] Citigroup has said it will cut around 300 senior roles, in what is expected to be a series of announcements around its new structure created as part of a sweeping overhaul…
Abrdn boss Bird pitched selling £368bn investment arm
[ad_1] Abrdn chief executive Stephen Bird wanted to sell the firm’s investment management business after completing its Interactive Investor acquisition last year — but the board vetoed it in favour…
Alantra eyes more dealmaker hires after moving investment bank HQ to London
[ad_1] When Alantra moved its investment banking headquarters to London in June — a rare post-Brexit vote of confidence in the City — Miguel Hernández uprooted his life in Spain and moved…
Goldman Sachs-backed crypto firm BitGo eyes Dubai expansion
[ad_1] Goldman Sachs-backed crypto custodian BitGo is set to launch in Dubai following a $100m funding round. The crypto firm, which is headquartered in the US, has applied for a Virtual Assets Regulatory Authority…