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The Latest Breaking News on Capital Markets

Citigroup hit with £12.6 million fine by main City market watchdog

FCA finds the bank failed to reach requirements on surveillance to identify market abuse

Evening Standard

Deutsche Bank's former India-born co-CEO Anshu Jain dies after battle with cancer

Jaipur-born Anshu Jain was diagnosed with duodenal cancer in 2017

The Hindu

Anshu Jain, Deutsche Bank chief in a pivotal era, dies at 59

Anshu Jain, Cantor Fitzgerald’s president who was known for his time leading Deutsche Bank traders into the lender’s investment banking heights, died five years after being diagnosed with duodenal cancer. He was 59.

Tribune News Service

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Former Deutsche Bank Co-CEO Anshu Jain dies

Anshu Jain, a fomer co-CEO of Deutsche Bank, has died, according to a statement by his family on Saturday

The Independent UK

Ping An insists splitting HSBC would increase bank’s value

The Chinese shareholder has accused HSBC executives of exaggerating the downfalls of separating off the Asian business

The Guardian - UK

Well-baked? Commercial Kitchen Appliance Maker Li Bang Eyes Nasdaq IPO

Key Takeaways • Jiangsu-based Li Bang International has filed for a Nasdaq IPO to raise $25 million through the issue of 5 million shares

Benzinga

Softbank's Masayoshi Son Emphasizes Chances Of US Listing For Arm

Softbank Group Corp (OTC:SFTBY) founder and CEO Masayoshi Son stressed the possibility of British-based chip designer unit Arm Ltd listing on Nasdaq pending a final decision, Reuters reports. "Most of Arm's clients are based in Silicon Valley and ... stock markets in the U.S. would love to have Arm," Son told at the annual…

Benzinga

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The only way to convince SoftBank to list Arm in London is on merit

Government idea to force Japanese firm to list Cambridge computer chip designer in UK seems desperate

The Guardian - UK

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