US hedge funds have cleared the way for more activist-style investing in European financial institutions. Now some home-grown activist funds are targeting banks too.
Euromoney has published the submission guidelines for its Regional and Country Awards for Excellence 2021. View the key dates for this year’s process and download the guidelines for pitch documents, and make your awards pitch submissions here.
With Deutsche Bank apparently turning its fortunes around globally, expectations are high for Asia to deliver growth at the fastest rate of all its operations. Asia CEO Alex von zur Mühlen tells Euromoney he wants to use the bank’s footprint and diversity of revenues to get the job done.
What They Said
CEO Jane Fraser explains Citi’s decision to exit 13 Asian and EMEA retail markets
Mikhail Mamuta on the raft of measures being introduced by the Central Bank of Russia
Alison Harding-Jones, EMEA head of M&A at Citi, speaking from an M&A perspective
Rich Thomas, head of European shareholder advisory at Lazard, points to breakups and spin-offs
Employees in the wealth management and investment banking businesses will be sizing up the risks to their own future financial wellbeing of staying with the firm.