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UAE to participate in ‘One Young World summit 2019’ in UK

Abu Dhabi / WAM A UAE delegation will participate in the ‘One Young World Summit 2019’, in London, UK, which will convene the brightest young talent from more than 190 countries, untill October 25. The participation is in line with the UAE’s strategy to empower young people and provide them with an opportunity to contribute to the national development process. ...

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RBC cracks Wall Street’s top 10 list for advising on M&A deals

Bloomberg Royal Bank of Canada (RBC) set a goal nine years ago to become a Top 10 investment bank in the US — but cracking Wall Street’s upper echelons for advising on takeovers had proved elusive. Until now. RBC Capital Markets has risen to the No. 10 ranking for advising on announced US mergers and acquisitions this year, its highest ...

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US bank cuts branch staff in digital push

Bloomberg US Bancorp is eliminating thousands of branch workers as it adjusts to changing customer preferences, according to a person briefed on the decision. The cuts will be in the low thousands, the person said, asking not to be identified because the number isn’t public. In a memo seen by Bloomberg, Chief Executive Officer Andy Cecere said US Bancorp “made ...

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