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Digital lender eyes growth in other jurisdictions after pulling back from the US crypto market

Crypto

Hedge Funds Correspondent

Challenger bank Revolut is expanding its crypto team despite regulatory headwinds.

The firm will increase its global crypto headcount by roughly 20% by the end of 2023, a person familiar with the matter told 

, even after it pulled out of the US earlier this month.

Revolut to boost crypto team by 20% despite US exit

Bilal Jafar

Asia

Central Banking

Currencies

FN’s busy summer of awards: Here’s how to stay in the loop

Wanted: Female leaders in European finance

Ex-EY managing partner Andy Baldwin joins IBM Consulting

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Baldwin left EY after losing out on the CEO role last year

Fiera Capital managing partner Catherine O’Reilly exits

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The former Goldman Sachs  and TCI Fund Management employee has also stepped down from her board role at UK trade body the Investment Association

Who is JPMorgan’s new UK private banking boss?

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Maricé Brown is ‘JPMorgan through and through’ but is an unfamiliar name in the City

Junior bankers at Robert W. Baird say such long hours weren’t unusual for industrials team.

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink

Once an heir apparent for Larry Fink, Wiedman now tops the list of potential successors to PNC chief Bill Demchak.

PNC Names Former BlackRock Star Mark Wiedman as President

The European Union has a plan to counteract the swathe of tariffs U.S. President Trump is planning to impose on foreign goods, European Commission President Ursula von der Leyen said.

EU Has Plan to Retaliate on U.S. Tariffs, Von der Leyen Says

The Japanese investment firm is entwining its fortunes with a company that expects to lose billions of dollars for years to come, in the hope that it will emerge as the leader in AI.

How Is SoftBank Funding Its Mega Investment in OpenAI? A Lot of Debt

The BlackRock CEO says he wants individuals to have better access to the menu of private and illiquid investments that have long been core holdings of pensions, endowments and other institutions.

Larry Fink Says Regular Americans Need Private Assets Too

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