Bloomberg UniCredit SpA Chief Executive Officer Andrea Orcel intends to hire as many as 50 investment bankers to capture more business from medium-sized corporate clients, pushing the lender further into a hotly-contested market. The bank is seeking staff to strengthen advisory services and boost its offering of investment banking products to companies across its European network, people with knowledge of …

Bloomberg The head of Bank of Montreal’s (BMO) investment-banking and markets business said capital markets are at the “end of the robust phase” that powered them through the pandemic and are shifting towards a more uncertain future. Capital markets have been in a boom period marked by heightened merger activity, strong equity markets, low interest rates and subdued fears among …

Bloomberg HSBC Holdings Plc, Citigroup Inc and other lenders are moving rapidly to tap a new program that will allow investments between Hong Kong and mega-cities in southern China. HSBC has put up 60 centres in the Chinese mainland and Hong Kong after the long-awaited program, called Wealth Management Connect, was given the green-light last month as banks received final …