Rhodia, the embattled French chemical manufacturer, has launched a €604m ($708m) rights issue to aid its restructuring.

BNP Paribas and Credit Suisse First Boston are leading the issue, with Calyon and HSBC acting as joint lead underwriters for the deal.

Anna-Marie Hotte

BNP Paribas

Goldman Sachs

HSBC

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The UK lender has given the leading compliance job to a 20-year veteran

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The UK lender has tapped a veteran dealmaker to head up a key area of growth

Several big law firms are discussing $500 million in pro bono legal services with the White House to avert restrictions on their business, people familiar with the matter said.

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Generative AI is going to reinvent virtually every customer experience and enable entirely new ones that have only been dreamed about, Amazon.com Chief Executive Andy Jassy said.

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Carney said the 90-day pause, and Trump’s pledge to negotiate new trading arrangements with dozens of countries, “will likely result in a fundamental restructuring of the global trading system.”

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The BOE said that further sharp falls in asset prices are likely.

Bank of England Warns of Tariffs Threat to Stability of Global Financial System

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Rhodia launches €604m rights issue

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