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Monday, 23 October 2017

Steve Garton' s stories

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  • Credit Suisse cuts 1,000 London jobs as turnaround gains traction

    People & Markets | 29 July 2016

    Credit Suisse has cut more than 1,000 jobs in London this year as part of chief executive Tidjane Thiam’s turnaround plan, which showed signs of progress last quarter as he cut costs, risks and the size of the investment bank.

  • China's new breed of securities JVs

    China's new breed of securities JVs

    People & Markets | 29 July 2016

    Once limited to a handful of global banks, the range of overseas investors looking to set up Chinese securities joint ventures now includes a unit of an Africa-focused oil explorer, a group that also produces paper cartons and a collection of Hong Kong retail brokerages.

  • Credit Suisse logo

    Credit Suisse cuts 1,000 London jobs as turnaround gains traction

    Ticker | 28 July 2016

    Credit Suisse has cut more than 1,000 jobs in London this year as part of chief executive Tidjane Thiam’s turnaround plan, which showed signs of progress last quarter as he cut costs, risks and the size of the investment bank.

  • P&M: Bond specialist Briscoe joins UBS Asset Management

    Ticker | 26 July 2016

    UBS Asset Management has hired Hayden Briscoe as head of fixed income for Asia Pacific.

  • Men walk past a 1Malaysia Development Berhad (1MDB) billboard at the fund's flagship Tun Razak Exchange development in Kuala Lumpur.

    US outlines case against Malaysia fund

    People & Markets | 22 July 2016

    US prosecutors last week moved to seize over US$1bn of assets they claimed were stolen from 1Malaysia Development, casting fresh scrutiny over the role banks played in raising and transferring money for the controversial state investment fund.

  • Arundhati Bhattacharya

    India's SBI implements greater discipline

    People & Markets | 06 May 2016

    India’s biggest bank is transforming the way it does business, in an effort to ensure it does not get hit with another wave of non-performing loans, its chairman says.

  • ICBC targets overseas growth

    People & Markets | 22 April 2016

    Industrial and Commercial Bank of China, the world’s largest lender by assets, is looking to expand its international business and improve its risk management, its chairman told IFR.

  • Standard Chartered headquarters in London

    StanChart targets aviation, M&A to lift returns

    People & Markets | 11 March 2016

    Standard Chartered is targeting aircraft leasing and general industries coverage in an effort to boost revenues and improve its return on assets.

  • Fine for UBS banker over placement

    People & Markets | 04 March 2016

    Hong Kong’s securities regulator last week fined a UBS equities banker HK$200,000 (US$25,725) for inadvertently advising clients to breach short-selling restrictions during a 2014 follow-on share placement for Chinese battery and carmaker BYD.

  • Citi sign

    Citigroup sells Chinese bank stake

    People & Markets | 04 March 2016

    Citigroup is selling its 20% stake in China Guangfa Bank to