Standard Chartered shares fall as finance boss exits for Apollo Banking The finance boss of Standard Chartered has made a swift exit from the bank as he takes up a top job at asset manager Apollo. Diego De Giorgi, who joined the bank in September 2023 before becoming chief financial officer in January 2024, stepped down to lead Apollo’s European, Middle East and Africas region. The [...]
Abu Dhabi Finance Week 2025: How ADGM has become the MENA region’s largest financial centre Partner Abu Dhabi Finance Week (ADFW) 2025 will highlight the emirate’s status as a primary global financial hub, as it transitions to an established ‘Capital of Capital’. The event, which will take place from 08 to 11 December 2025, is titled ‘Engineering the Capital Network’ and has been designed to showcase Abu Dhabi’s decade of phenomenal [...]
HSBC shares rise as Georges Elhedery’s pivot East beats the noise Banking HSBC’s pass through the third quarter was almost identical to the second. Despite another hefty hit to the firm’s bottom line, chief executive Georges Elhedery has quietly and effectively pushed ahead with his bold overhaul of the group. For the three months to September 30, HSBC took a 14 per cent profit beat falling to [...]
Demand for passive funds drives assets under management to record highs August 13, 2025 The UK investment management industry reached “record highs” in 2024, boosted by demand for low-cost products and overseas interest in UK assets. Tracker net sales surged for the third consecutive year, as investors increasingly look towards low-cost products and passive investments. In contrast, active sales tumbled, according to the latest report from the Investment Association [...]