The long-time boss of Silicon Valley Bank’s (SVB) UK arm, who stayed on after its collapse and rescue by HSBC last year, has been poached by London-based investment firm Octopus Ventures.
Asian markets mixed amid Trump re-election speculation, yen near 38-year low; Eyes on French election deadline and US Jolts.
The US dollar opened the week lower, knocked back by Euro strength, but is now trading at its best levels of the session after the latest German inflation data and US ISM report.
Blackrock has agreed to buy financial data group Preqin for £2.55bn in cash, as the biggest asset manager in the world makes its first venture into financial information provision.
The deal follows months of negotiations and also ropes in the US planemaker's arch-rival, Airbus.
Morgan Stanley is planning to follow its Wall Street rivals in scrapping an EU-imposed cap on bonuses for its top UK bankers.
