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The board of Goldman Sachs has reportedly discussed a succession plan that could see President and COO John Waldron eventually become Chief Executive Officer….

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New analysis suggests that Citigroup’s 2026 workforce reductions have been broader and more frequent than initially understood. The cuts have reportedly…

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Asian equities fell sharply as investors grew concerned about the sustainability of the artificial intelligence-driven market rally and rising competition…

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The US dollar remained near an 18-month high as escalating tensions in the Middle East boosted demand for safe-haven assets while investors awaited key…

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The sharp rise in long-term US Treasury yields is triggering increased mortgage-related hedging activity, adding further pressure to an already strained…

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Asset managers are significantly increasing spending on AI-powered research and analytics tools, but without meaningfully expanding their overall research…

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Chris Hohn’s TCI Fund Management generated a record US$18.9 billion for investors in 2025, the largest annual profit ever recorded by a hedge fund,…

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UK hedge funds, banks and industry groups have voiced strong opposition to government proposals that could significantly restrict or even ban non-compete…

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Investment banks are intensifying efforts to recruit experienced M&A bankers as a surge in UK takeover activity fuels demand for dealmaking talent….

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HSBC will phase out fixed-pay allowances from January 2028, following UK regulatory changes that removed the cap on bankers’ bonuses. The bank said…

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Natixis CIB has appointed Cyril Dissescou as Co-Head of Energy Transition & Natural Resources (ETNR) for Asia-Pacific and the Middle East. Based in…

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Ping An Digital Bank, a subsidiary of Lufax Holding and a member of Ping An Insurance Group, has expanded into high-end wealth management through the launch…

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