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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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Japan’s Topix stock index headed for a record high and government bonds slumped after a trade deal with the US was announced. Reports that Prime Minister…

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A top private pension fund in India is doubling down on 30-year government bonds after a recent selloff. The yield gap between India’s 30- and 10-year…

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The yen carry trade may benefit from Japan’s election result, as the situation may compel Prime Minister Shigeru Ishiba to open the government’s…

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Walleye Capital is pausing taking new cash after growing assets to more than $8Bn, according to a letter to investors. The firm’s CEO Will England…

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Global hedge fund AUM climbed to an all-time high of $4.74Trn in 2Q’25, fuelled by the largest quarterly inflows since ‘14, as institutional investors…

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SG Gordian Capital has unveiled plans to expand into the Middle East with a new fund platform based in the Dubai International Financial Centre, the platform…

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Carlyle Group Inc. hired Alex Chi, a Goldman Sachs executive, to lead its direct lending arm and be co-deputy investment chief for its $199Bn credit unit….

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Roark Capital-backed sandwich giant Subway has named Jonathan Fitzpatrick, a seasoned fast-food executive, as its new CEO effective 28 Jul’25, with a…

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Swiss bank Julius Baer ended the first half of 25 with CHF 483Bn ($604Bn) of AUM, marking a 3% year-on-year (YoY) decline. Total client assets stood at…

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CIMB Group, Malaysia’s second-largest lender, is setting its sights on SG as a critical growth engine in the coming years. Speaking at a media briefing…

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