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JP Morgan overtakes HSBC to go top for the region
Highly anticipated report did not mention future role of AT1 capital
Surprising alignment on stablecoins and strong support for tokenised assets, but details are sparse
US broker has opened office in Milan, Stockholm will be next
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Morgan Stanley Investment Management has set up a European corporate fund and a European strategic fund, both earmarked as sustainable. -
Less than a year ago, international investor optimism about Ukraine was high but the journey to western style reform since then has shown just how hard a road it can be to travel.
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Investors reacted positively to Intesa Sanpaolo’s results on Tuesday, as the bank confirmed that it had all the necessary approvals to complete a merger with UBI Banca.
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Expectations are building that the G20 Debt Service Suspension Initiative (DSSI), introduced to alleviate the debt burden of the world’s poorest countries in the face of the coronavirus shock, will be extended this winter.
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The Bank of England will open a new consultation on the way the leverage ratio works in the UK after it has finished reviewing the framework through its committees.
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The Chinese Ministry of Finance and two other national regulators have concluded their investigations into fraud at Luckin Coffee. They will now impose administrative penalties.
