Star European fund manager Patricia Maxwell-Arnot has quit Credit Suisse Asset Management.

Her sudden departure follows the appointment of Steve Goldman of JP Morgan Investment Management (JPMIM) as European chief.

Mike Foster

Meet the female banker taking over JPMorgan’s UK private bank

Who is JPMorgan’s new UK private banking boss?

Ares launches first ever ELTIF as wealth push ramps up

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Maricé Brown is ‘JPMorgan through and through’ but is an unfamiliar name in the City

Ex-Bank of America trader joins Sumo as head of systematic fixed income trading

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Jugakalpa Das’ six-member pod will start trading for Sumo in July

Morgan Stanley taps former BlackRock executive for UK board role

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Anna Khazen joins the Wall Street bank’s international arm

The required capital increase will be achievable for the banking giant and shouldn’t excessively reduce its shareholder distributions, the Swiss National Bank said.

Switzerland’s New Capital Rules Will Be Feasible for UBS, Central Bank Says

The rise in U.S. tariffs announced in early April would have a significant impact on economic growth over coming years, the central bank said in its quarterly outlook.

Irish Central Bank Warns U.S. Policy Could Lead to Slower Growth, Higher Debt

Irish Central Bank Warns U.S. Policy Changes Could Lead to Slower Growth, Higher Debt

Nonbank lenders like Affirm are cultivating stables of large financing partners to ensure they have sufficient capital to lend, even when public debt markets freeze up.

Prudential Unit Lends $500 Million in Private Credit to Affirm 

Issuers of digital currencies need Treasury bills for their reserves, but analysts say the consequences are uncertain.

Stablecoin Legislation Will Juice Demand for Treasurys—to a Point

The two-job trend these days is about necessity, not pursuing a passion.

Americans Are Side-Hustling Like We’re in a Recession

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CSAM loses top manager

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