Recent Posts

Cathay Pacific, Cathay Dragon launch ‘Discovery’

Emirates Business Cathay Pacific and Cathay Dragon launched ‘Discovery’ –a new digital destination where travellers can access and enjoy content from the airlines’ leading inflight magazines, Discovery and Silkroad, wherever they are in the world. Complementing the airlines’ suite of inflight printed publications, the new online platform provides visitors with a broad range of articles and feature stories in a ...

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CIBC wins approval for $4.9bn takeover of PrivateBancorp

Bloomberg PrivateBancorp Inc. investors approved a $4.9 billion takeover by Canadian Imperial Bank of Commerce (CIBC) after the Toronto-based lender sweetened its deal twice to win over shareholders. The majority of PrivateBancorp shareholders endorsed CIBC’s bid, the Chicago-based lender said in a statement following a vote at a special meeting. Some 52.9 million votes — 83 percent of those cast ...

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Credit Suisse taps Deutsche’s McGuire amid equities revamp

Bloomberg Credit Suisse Group AG, the Swiss lender struggling to improve performance at its stock-trading unit, replaced one of the business’s top European bankers with a senior executive from Deutsche Bank AG. Stuart McGuire, who runs Deutsche Bank’s client-execution strategy for equities in Europe, the Middle East and Africa, will replace Daniel Kaye as Credit Suisse’s head of cash-equities trading ...

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