Day: 24 May 2023

EY acquires UK-based consulting services provider whyaye ltd to expand technology consulting services

The acquisition of whyaye will support EY's growth in technology consulting services around the ServiceNow platform.

GAM Holding’s fund management services transfer: a game-changing move in the Industry

GAM Holding, a Zurich-based asset manager, has announced that it is in exclusive negotiations with Carne Group for the transfer of its fund management services in Luxembourg and Switzerland.

BNP Paribas poaches senior dealmaker from UBS to lead equity capital markets

BNP Paribas is expanding its dealmaking team in the US as it seeks to increase its global ambitions.

Morgan Stanley cuts 70 dealmakers in Europe amid second round of layoffs

Morgan Stanley is cutting 70 dealmakers in Europe as part of its latest round of layoffs.

Alantra expands Swiss investment bank with two senior hires

Alantra has hired two senior dealmakers for its Swiss investment bank as the Madrid-based investment bank continues its expansion in Europe.

UBS reports net gain in customer balances after Credit Suisse rescue

UBS has reported a net gain in customer balances after rescuing Credit Suisse, according to Chairman Colm Kelleher. Kelleher stated that following a merger, clients tend to withdraw their cash, but this has not been the case for UBS.

Central Banks: Purpose and History

This article has been formed by artificial intelligence. Krugman Insights uses state of the art AI technology with clear instructions to write about interesting and pressing topics, testing the limits of current technology. A central bank is a financial institution that acts as a regulator of the monetary system within a country or a group […]