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Perella hires Goldman restructuring bankers

Bloomberg Perella Weinberg Partners LP is hiring Clinton Ray and Guy Morgan from Goldman Sachs Group Inc to expand its European restructuring business, according to people familiar with the matter. The bankers will join the firm in London in June to advise new and existing clients on restructuring, debt advisory and liability management, said the people, who asked not to ...

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Swedbank criminal probe intensifies

Bloomberg A criminal probe tied to money laundering allegations engulfing Swedbank AB drew sharp recriminations from both sides over the weekend, and raised serious questions about the role of the board. After the prosecutor accused Sweden’s biggest mortgage bank of refusing to hand over key information, Swedbank’s lawyers responded with claims that investigators were ignoring the norms of Swedish law. ...

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Swiss can cut rates more but need fiscal action:IMF

Bloomberg Switzerland has room for further easing, though fiscal policy needs to be better utilised to boost long-term growth, according to the International Monetary Fund (IMF). The Swiss National Bank (SNB) is using some of the world’s lowest interest rates and a threat to intervene in currency markets to stem appreciation on the franc. Yet even with a deposit rate ...

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