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What's new in financial services today?

Chief product and marketing officer Simon Aboud has left the business, Allianz Retire+ confirmed. Aboud joined as marketing and product lead in May ‘21….

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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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HFs sharply reduced their exposure to consumer discretionary stocks last week, cutting positions in hotels, restaurants, and leisure groups to levels not…

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The Indian rupee offers the most potential for gains among Asia’s high yielding currencies next year, according to ING Bank NV, which said a trade deal…

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New Zealand’s dollar is on the verge of becoming the first major developed-market currency to wipe out its gains against the greenback this year as aggressive…

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Rob Citrone’s macro hedge fund (HF) Discovery CM has boosted its YTD returns to more than 33% after a 6.6% jump in October. The US-headquartered…

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Two Sigma Investments’s AUM in China swelled to more than 10Bn yuan for the first time, as strong returns lured wealthy investors. The NY-based company’s…

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Point72 AM’s new AI-focused stock-picking fund has delivered gains of about 30% this year as hype around the technology fueled a surge in AI-linked corporate…

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HSBC may be shutting its investment banking teams in the US and Europe, but it’s hiring in the Middle East. Paula Huo has joined HSBC as an MD in…

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European private credit firm Arcmont AM has made 3 senior appointments to bolster its investment capabilities across both existing and new strategies,…

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A senior equity syndicate banker at BNP Paribas has left the French bank to join a trading firm that has been expanding its London business. Deepak Sran,…

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SCB is considering reestablishing its PB in SG as part of the lender’s efforts to bulk up its offerings for wealthy customers. The company is weighing…

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