Cerberus Capital Management, a US distressed debt specialist, has hired ex-Goldman Sachs partner Kenneth Leet to spearhead its push into Europe.

Leet, who joined Cerberus last month, will lead the European investment team.

James Taylor

Ford Motor

Goldman Sachs

Bank of America

Morgan Stanley names Esteve head of equity syndicate in Europe

JPMorgan promotes de Grivel Nigam in European ECM shake-up

UBS transfers 544 more UK Credit Suisse staff across as integration continues

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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Regulators fined the fast-fashion retailer more than $40 million for what they deemed to be misleading practices on prices and environmental claims.

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David Frame is named global head of the private bank, helping deep-pocketed clients invest more abroad.

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Keir Starmer initially refused to confirm if Rachel Reeves would remain in post, causing sterling and gilts to sell off sharply.

U.K. Government Bonds, Pound Recover After Prime Minister Backs Treasury Chief

The narrow vote delivered the president a major second-term legislative victory.

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The deal with Vietnam seeks to stop Chinese-made goods from transiting through the Southeast Asian country to avoid higher duties.

Vietnam Trade Deal Takes Aim at Back Door for Chinese Goods

Hot weather and lax dress codes have us baring more at work.

By Callum Borchers | Photographs by Lucia Buricelli for WSJ 

It’s the Summer of Too Much Skin at the Office

Ford chief predicts AI will replace “literally half of all white-collar workers.”

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The precision-measurement company has withdrawn its recommendation for its previously agreed takeover offer from Advent International.

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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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Cerberus recruits Leet to crack Europe

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