EFG International said net new money rose 75% year-on-year to SFr14bn at the end of the first half of 2008.

The Zurich-based private bank said the surge in new money was helped by an inflow of assets from ultra-high net worth individuals.

EFG sees surge in new money, appoints new senior manager

David Bain

EFG International

Deutsche Bank

The European funds winning assets from the global AI craze

AllianzGI, DWS ride tech wave as AI fund assets swell to record high

UK’s investment minister says companies ‘queuing up’ to IPO in London

Senior GIC private equity lawyer joins Dechert in London

https://images.fnlondon.com/im-14432569?size=1.5

US law firm hires private equity specialist from key client

Barclays poaches Citi managing director for wealth private credit push

https://images.fnlondon.com/im-30083951?size=1.21

Dale Walsh will accelerate growth of the private bank and wealth management’s lending business

Northern Trust taps UN pension fund for head of international role

https://images.fnlondon.com/im-84247389?size=0.8

Pedro Guazo, who joins in August, will also oversee the $1.3tn asset manager’s responsible investment platform globally

Kevin Warsh, Kevin Hassett and Scott Bessent are among those under consideration as Trump evaluates their commitment to cutting rates—and “made-for-TV” appeal.

Trump Considers Naming Next Fed Chair Early in Bid to Undermine Powell

Jeff Bezos and his space company have talked to President Trump in recent weeks.

By Josh Dawsey, Dana Mattioli and Micah Maidenberg

Bezos and Blue Origin Try to Capitalize on Trump-Musk Split 

Tesla’s sales in the European Union logged another steep decline in May, continuing a downward trend for Elon Musk’s electric-vehicle maker even as the bloc’s EV market shows signs of growth.

Tesla’s EU Sales Slumped in May Despite EV Market Growth

Oil futures recovered some ground amid short-covering after three days of declines, supported by lingering Middle East risk perception and bullish inventory data in the U.S.

How a band of brew-swilling detectives brought down Scotland’s ‘Mr. Tea’

On-and-off trade battles, hot wars and deportations make it tough to predict where the U.S. economy is headed.

U.S. Attack on Iran Injects Uncertainty Into Already Uncertain Economy

Texas and Oklahoma have banned some banks from state contracts, saying they discriminate against the gun and fossil-fuel industries.

By Alexander Saeedy, AnnaMaria Andriotis and Dylan Tokar

 Big Banks, Worried About Being Trump’s Next Target, Race to Appease Republicans

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