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What's new in financial services today?

Moving from JPM to Citi is an exceedingly common career path in ‘25. It’s not just investment bankers reuniting with Vis Raghavan JPM traders…

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Bermuda-headquartered insurer and reinsurer Arch Capital Group Ltd. has opened two new GCC in India at Trivandrum and Pune. These centres will enhance…

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Gold rose to a record high and Treasuries held their gains as concerns over a US government shutdown clouded the release of data seen as crucial for determining…

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BofA Corp. strategists are forecasting municipal issuance of $58Bn in Oct’25. Muni bond sales are on track to fall about 6% this month compared to the…

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Australia’s central bank kept its key interest rate unchanged in a widely anticipated decision, while warning that third-quarter inflation may come in…

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DWS has remodelled an Xtrackers ETF aligning it to a new reference index and updating it with a new fund name. The Xtrackers MSCI Europe Consumer Discretionary…

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TCW Group Inc. hired Ayoti Mittra, a former strategist at Citigroup Inc.’s Latin America sovereign credit desk in New York. Mittra is joining the Los…

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Activist HF manager Saba Capital is preparing to launch an actively managed ETF aimed at exploiting share price discounts in the UK’s £267bn closed-end…

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Josh Harris-backed 26North Partners has appointed Matthew Manin, formerly Head of Private Equity Capital markets at Apollo Global Management, to spearhead…

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CIBC appointed Mike Freeborn and Alfred Traboulsi Co-Heads of Global Corporate & IB. Freeborn will focus on the bank’s Canada franchise and Traboulsi…

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One of EU’s largest PE shops is hoping to expand its private wealth footprint in the US and looking at a potential partnership to do so. EQT’s Head…

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UOB PB has hired the former Assistant GM at China Merchant Bank (CMB) to cover the China market. Luke Luo has joined the SG PB as Deputy Market Head for…

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