Sanwa Bank is closing its global futures operations in London, Chicago and Singapore due to the economic downturn in Japan. A total of 75 jobs will be cut. The bank will continue to clear its own futures business, but will axe all customer futures execution and clearing business.

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Deutsche Bank wants more UK private bankers

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Milbank hires private equity M&A rising star in Germany

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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

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

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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.

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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.

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Sanwa shuts three operations

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