Swiss bank UBS and Italian bank UniCredit have appointed highly rated sales traders who worked at the defunct Icap equities business as that firm’s former brokers continue to find new homes at investment banks.

Paul Corbett, who joined Icap in May 2008 after seven years with Citigroup, is set to join UBS in mid-August as a senior sales trader focused on UK clients.

Former Icap equity traders join rival banks

UBS and UniCredit have hired traders from the interdealer broker's defunct equities arm

Luke Jeffs

Citigroup

UniCredit

London Stock Exchange Group

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Find out who is on the move in the City and beyond this week

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Magic Circle firm boosts London private equity offering

Proskauer Rose hires Hogan Lovells private equity partner in London

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The hedge-fund founder is asking triple what he paid for the Bali-inspired Manalapan estate in 2017.

British Billionaire Chris Rokos Wants $150 Million for His Florida Mansion

The announcement comes as USS Investment Management said it won’t bid for the property firm.

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Assura

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Property Firm Assura

The U.S. private-equity firm said t decided not to begin a tender offer for the Japanese software company after consulting with Fuji Soft founder Hiroshi Nozawa.

Successful firms are increasingly split between behemoths with several business lines and those focusing on their roots of buying companies.

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The Chinese technology giant has begun tests to integrate homegrown startup DeepSeek’s AI model into its Weixin messaging app.

Tencent Shares Rise as App Launches DeepSeek Testing

Tencent Shares Hit More Than Three-Year High as App Launches DeepSeek Testing

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Financial News

British Billionaire Chris Rokos Wants $150 Million for His Florida Mansion

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