MARKETMIND The price of U.S. recovery
One way or another, Wednesday’s U.S. July inflation print could prove key for markets torn between strong data that suggests the time for withdrawing stimulus is nearing and concern that a resurgent delta COVID variant could stall growth.
Dutch bank ABN Amro resumes dividend payments as Q2 net profit beats
Dutch bank ABN Amro (ABNd.AS) said on Wednesday it would resume dividend payments as an economic recovery in the Netherlands had helped a stronger-than-expected bounce in net profit.
UBS joins peers to track how lending affects environment, jobs
A group of banks, including UBS (UBSG.S) and Singapore’s DBS (DBSM.SI), on Wednesday announced plans to create a new way of measuring the environmental and social impact of their financing.
MOVES Ex BofA exec Elfring joins JPMorgan as EMEA vice chair -memo
JPMorgan Chase & Co (JPM.N) has tapped a former Bank of America Corp (BAC.N) executive to take on a new role as vice chairman of investment banking for Europe, the Middle East and Africa as it battles for key advisory mandates to dominate a resurgent M&A market.
