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Former bankers

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Global Markets & Equities 07 Oct 2026, 10:39 PM IST

UK Appeal Court Quashes Rate-Rigging Convictions in Blow to SFO

Britain’s Court of Appeal has quashed the convictions of five former bankers jailed over benchmark rate-rigging, dealing a major setback to the Serious Fraud Office and reopening one of the City of London’s most consequential post-crisis prosecutions. The ruling intensifies scrutiny of how prosecutors handled the long-running Libor cases and raises fresh questions over the durability of earlier convictions tied to the financial scandal.

By RDU Global Wire4 min read
Global Markets & Equities15 Oct 2026, 10:11 PM IST

Swiss Top Court Upholds Bonus Cuts for Former Credit Suisse Bankers After UBS Takeover

Switzerland’s top court has upheld the government’s decision to strip bonuses from former Credit Suisse bankers after the lender’s emergency takeover by UBS, closing the bankers’ final legal avenue to recover the pay. The ruling reinforces the state’s authority to intervene in compensation disputes tied to the 2023 rescue of Credit Suisse and underscores the political sensitivity surrounding executive pay in a bank failure.

5 min readRead →
Banking, Fintech & Insurance13 Oct 2026, 08:31 AM IST

HSBC taps Cantor’s Paras Jain to lead global TMT banking, sources say

HSBC has hired Paras Jain, the former Cantor Fitzgerald banker who built the firm’s technology investment banking franchise, to lead its global technology, media and telecoms banking business, according to sources familiar with the matter. Jain is expected to join in November as HSBC sharpens its focus on businesses where it believes it can win share and deepen relationships in Asia and the Middle East.

5 min readRead →
Banking, Fintech & Insurance12 Oct 2026, 04:46 PM IST

HSBC hires Cantor’s Paras Jain to lead global TMT banking, sources say

HSBC has hired Paras Jain, the former Cantor Fitzgerald banker who built the firm’s technology investment banking practice, to lead its global technology, media and telecoms banking franchise, according to sources familiar with the matter. Jain is expected to start in November, as HSBC sharpens its focus on businesses where it believes it can win more share, particularly across Asia and the Middle East.

5 min readRead →
Banking, Fintech & Insurance12 Oct 2026, 09:53 AM IST

HSBC hires Cantor’s Paras Jain to lead global TMT banking, sources say

HSBC has appointed Paras Jain, the former Cantor Fitzgerald banker who built the firm’s technology investment banking franchise, as global head of TMT investment banking, according to people familiar with the matter. He is expected to join in November, as HSBC sharpens its push into sectors where it believes it can win more business, particularly technology across Asia and the Middle East.

5 min readRead →
Banking, Fintech & Insurance12 Oct 2026, 06:48 AM IST

HSBC taps Cantor’s Paras Jain to lead global TMT banking, sources say

HSBC has hired Paras Jain, the former Cantor Fitzgerald banker who built the firm’s technology investment banking franchise, to lead its global technology, media and telecoms banking business, according to sources familiar with the matter. Jain is expected to start in November as HSBC sharpens its focus on sectors where it believes it can win share, particularly across Asia and the Middle East.

6 min readRead →
Global Markets & Equities11 Oct 2026, 08:12 AM IST

UK Court Quashes Rate-Rigging Conviction of Former Deutsche Bank Trader

A London court has overturned the conviction of a former Deutsche Bank trader jailed over interest-rate rigging, marking another major setback for the UK’s long-running prosecution of benchmark manipulation cases. The ruling adds to a growing series of quashed convictions, intensifying scrutiny of how the Serious Fraud Office handled one of the financial crisis era’s most consequential enforcement campaigns.

5 min readRead →
Global Economy & Central Banks08 Oct 2026, 10:46 PM IST

Esper Says Iran War Has No Clear End, Warning of Strategic Gain for U.S. Rival

Mark Esper, the former U.S. defense secretary under Donald Trump, said he sees no end in sight to the Iran war, arguing that the prolonged conflict could ultimately benefit America’s “greatest adversary.” His remarks underscore growing concern in Washington that a drawn-out regional war may reshape security, energy, and geopolitical calculations far beyond the battlefield.

5 min readRead →

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