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What's new in financial services today?

If you’re looking for a banking job in London, and you’re struggling to find one, recruitment firm Morgan McKinley can tell you why. The LND…

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A talent shortage in Japan’s financial industry is becoming so acute that even the biggest banks are struggling to find experienced people. It’s tougher…

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A plan to hike the capital gains tax is facing growing opposition in South Korea, where the proposal caused a sudden slump in stock prices on Friday. The…

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Emerging-market currencies rallied after weaker-than-expected US jobs data prompted traders to price in Federal Reserve rate cuts, driving the dollar lower….

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UBS Group AG said it has reached an agreement with the US Department of Justice to resolve a legacy CS matter related to the former bank’s role in selling…

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JPM’s AM arm is partnering with Dutch online broker Bux to sell its active ETFs in customized model portfolios, as the Wall Street giant looks to break…

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The Net-Zero Banking Alliance’s membership continues to shrink with the latest departure of UK-based Barclays. Barclays has become the latest lender…

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Chris Rokos’ HF is making it more expensive for clients who want to stay invested with one of the world’s largest macro trading firm. Rokos Capital…

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Resignations continue as Citi recruits Pankaj Goel from JPM and reportedly hires Nicolas Skaff, Head of private capital markets at JPM, though Citi hasn’t…

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HSBC has hired a BARC banker to lead its US FIG debt capital markets team as the UK lender refocuses its investment bank. Jake Hartmann is joining HSBC…

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HSBC GPB has appointed Edmund Lo as regional head of investment counsellors IC, APAC, effective 5th Aug’25. Based in HK, he will report to Lok Yim, regional…

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Societe Generale has appointed Jerome Niddam as CEO for APAC, effective September 1. He will also become a member of the group’s management committee….

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