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Peter Luck has over 25 years of experience at Bank of America and UBS
Investors should feel more confident when BNPL products are regulated like mainstream consumer credit
Ares middle market deal in 2025 was the first CLO incorporated in Luxembourg
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NatWest Group said on Friday that the “reshaping” of its investment banking arm, NatWest Markets, would be largely complete by the end of the year, after it moved a further 500 staff out of NWM in the second quarter.
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Credit Suisse has hired Brett Ryman to its investment banking and capital markets (IBCM) team in Australia, according to a memo seen by GlobalCapital Asia.
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It has been an earnings season of rebounds. UBS, the first of the European investment banks to report its results for the second quarter of the year, used the word “rebound” three times in its earnings report, which it published on July 23. Since then, BNP Paribas has pointed to an “established rebound” in its results while HSBC has reported a “rebound” in profits in the US and Europe.
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Berenberg has hired a fourth senior equity syndicate banker to cover France and southern Europe, amid big plans to expand its investment banking business, with new offices and teams in Brussels and Stockholm.
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Nordea Asset Management has appointed a new head of high yield, as its former head Torben Frederiksen left the company on Friday.
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Hong Kong’s Securities and Futures Commission has hit UBS and its securities unit with a combined HK$11.55m ($1.5m) in fines for regulatory breaches.
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