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NatWest shares are down by roughly 9% year-to-date amid a duo of executive departures

Hedge Funds

Hedge Funds Correspondent

Short-sellers have made millions on NatWest stock as the UK lender continues to feel the heat from the Nigel Farage account row.

NatWest short-sellers have made a total of £16.7m in the year-to-date on its UK-listed stock, according to financial analytics provider ORTEX.

NatWest short-sellers up £16m this year as bank battles Farage crisis

Bilal Jafar

NatWest

Lloyds Banking Group

Barclays

TotalEnergies

HSBC

Central Banking

Investing

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Senior GIC private equity lawyer joins Dechert in London

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US law firm hires private equity specialist from key client

Barclays poaches Citi managing director for wealth private credit push

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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

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

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The dollar lost momentum ahead of an expected decline in U.S. job creation, as investors expect the Fed to start cutting interest rates in coming months.

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The tech giant has been ramping up efforts to boost business growth in a bid to defend its place in China’s tech and commerce industries, as well as grow abroad.

Alibaba Readies $7 Billion Boost for Commerce Unit, Plans New Data Centers

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