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DBS names Tan Su Shan head of institutional banking arm amid reshuffle

DBS Group Holdings Ltd, Southeast Asia’s biggest lender, announced several senior management changes on Tuesday,
London's Canary Wharf financial district

Brexit has already hurt the City of London — here’s a shopping list of all the damage so far

So much damage has already been done to the UK because of Brexit. The mere whiff of uncertainty has been enough to send many companies packing.

These 29 countries have the safest banks in the world

Business Insider takes a look into the countries around the world with the safest banks.

A banker’s woe: Chinese wealth may get harder to snag for global bankers

News of a foreign wealth manager being denied exit from China last week is raising concerns for global private banks.
N26 CEO and cofounder Valentin Stalf.

An app-only bank backed by Peter Thiel is launching in the UK — and it’s targeting the US next

N26 plans to run a 'beta' testing phase before rolling out to its 50,000-strong UK waiting list in the coming weeks. The app-only bank was founded in Berlin, Germany, but currently operates in 17 markets across Europe and has 1.5 million customers.
Even if Marie Antoinette didn't say it, the sentiment is clear.

Leaked internal memo shows how Bank of America is trying to persuade London bankers to move to Paris

Bank of America Merrill Lynch plans to move as many as 400 sales and trading jobs to Paris as part of Brexit preparations. The bank produced an information leaflet for workers who may be affected that was circulated internally in August and trumpeted the benefits of Paris.
Andrea Orcel.

The boss of Santander’s digital bank says it will be ‘the same direction but faster’ under new CEO Andrea Orcel

Openbank CEO Ezequiel Szafir told BI that Andrea Orcel will have "the same strategy but make it go faster and further" when he joins as CEO of Santander next year.
Christian Sewing, the new CEO of Deutsche Bank, speaks at the Deutsche Bank annual shareholders' meeting on May 24, 2018 in Frankfurt, Germany. Shareholders, frustrated by years of poor performance by Deutsche Bank, are calling for Achleitner to step down.

A senior Deutsche Bank banker told management the bank should break itself up

Charlie Dupree, who left Deutsche Bank for JPMorgan in June, presented his proposals to Deutsche Bank CFO James von Moltke in April. Dupree said Deutsche Bank should spin out its investment bank and consider a merger for the rest of its operations to combat its persistent underperformance.

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