Net new money grew by €2.9bn at BNP Paribas’ private banking unit in the first half, with €1.1bn of that coming from Asia.

The bank gave no breakdown of the profits at the unit, but said that its asset management and services division that includes private banking saw revenues rise 1.9% year-on-year in the first half to €2.6bn.

Asia bolsters private banking results at BNP Paribas

David Bain

Duncan Kerr 

BNP Paribas

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

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The Organization of the Petroleum Exporting Countries doubled down on its view that global oil demand will keep rising through mid-century and that there is no peak in sight.

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The latest assault included more drones in a single night than Russia used in the entire month of July last year.

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The Italian lender now owns around 20% of Commerzbank’s shares and is the largest shareholder of the bank it hopes to engineer a merger with.

UniCredit Doubles Equity Stake in Commerzbank

UniCredit Doubles Equity Stake in Commerzbank to 20%

President Trump’s latest salvo on trade gives U.S. allies three weeks to persuade Washington to relax tariffs that would be costly for their export-dependent economies.

U.S.’s Biggest Asian Allies Ready Last-Ditch Trade Appeal to Trump

An internal investigation uncovered evidence that Linqto customers never owned the securities they thought they did.

Once Popular Pre-IPO Investing Platform Linqto Files for Bankruptcy

Mark Zuckerberg wooed another elite researcher with a pay package in the tens of millions.

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The president rolled out a new deadline, new rates and letters.

Trump Pushes Global Trade War Back to the Top of His Agenda

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A trial began in a long-running lawsuit by Chicago traders who say they were harmed by the exchange’s launch of electronic markets.

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Shares of unprofitable companies have outperformed since early April, and investors are now speculating like it’s 2021.

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