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Pakistan’s Khan losing grip on power before court order

  Bloomberg Prime Minister Imran Khan’s party is on the verge of losing control of Pakistan’s biggest province days after it lost its majority in the federal parliament, raising the stakes before the Supreme Court’s ruling on his disputed call for national elections. After losing his majority in the lower house National Assembly, the former cricket star’s Tehreek-e-Insaf party is ...

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Barclays considers moving into lucrative world of private credit

  Bloomberg Barclays Plc is developing a global private credit strategy, according to several people familiar with the situation, seeking to take part in the fast-growing $1.2 trillion asset class. The plans are at an early stage, and the details on exactly how Barclays will enter private credit are still under discussion, so the bank hasn’t reached out to external ...

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Citi recruits four more for health-care banking

  Bloomberg Citigroup Inc hired four more health-care investment bankers, doubling down on efforts to increase its market share in the sector. The hires were announced in a memo to staff from Chuck Adams, the global head of the health-care, consumer and wellness investment-banking group. Among the changes: Michael Brock, the former strategy officer at Acepodia, joined the bank last ...

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