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deutsche bank announces virtual investor conference featuring international companies on may 15

Deutsche Bank will host its Depositary Receipts Virtual Investor Conference on May 15, 2025, featuring live presentations from international companies with American Depositary Receipt programs. The event is free for all investors and analysts, with a lineup including firms from China, Germany, and the UK. Pre-registration is recommended, and presentations will be available for replay post-conference.

santander to close 18 branches across the united states

Banco Santander is set to close 18 branches in the US, including six in Massachusetts and 12 across the Northeast, as part of a strategy to adapt to the growing preference for online banking. This follows a trend of branch reductions accelerated by the Covid-19 pandemic, with the bank also planning to close 95 branches in the UK. Santander is enhancing its digital services, including the launch of Santander Financial Centres and the growth of its US digital bank, Openbank, which reached $2bn in deposits by February.

Tucker's tenure at HSBC marked by challenges and significant transformations

Sir Mark Tucker's tenure as chairman of HSBC Holdings has been marked by significant global events, including Brexit and the Covid pandemic. His leadership saw a mixed record in CEO selections, with Noel Quinn's successful interim role following a poor initial choice. As Tucker prepares to exit, HSBC is positioned with strong capital and an international network, but faces challenges ahead, particularly in navigating its unique geographical footprint.

protesters rally against barclays bank for ties to israel

Demonstrators gathered outside Barclays Bank's annual general meeting in central London, expressing their discontent over the bank's longstanding connections to Israel. The protest highlights ongoing tensions surrounding financial institutions and their affiliations with controversial regimes.

enduring legacy of rahn bodmer co in turbulent banking times

Rahn+Bodmer Co., Switzerland's oldest private bank, has endured 275 years of financial upheaval, including wars, economic crises, and recent industry challenges like bank mergers and the collapse of Credit Suisse. Despite these turbulent times, the bank remains steadfast, focusing on long-term strategies while maintaining a unique position in the evolving financial landscape.

ubs expands asian investment conference to singapore with wealth edition

UBS is expanding its Asian Investment Conference (AIC) to Singapore, introducing a Wealth Edition on May 22, targeting 1,000 clients. The main conference in Hong Kong will run from May 27 to 30, featuring over 90 speakers discussing topics like economic outlook and technology, alongside networking events including a performance by Cirque du Soleil. This year marks the 28th AIC, following its successful transition from Credit Suisse, with a record 3,000 attendees in 2024.

ant international and barclays launch ai powered fx solution for treasury management

Ant International has partnered with Barclays to enhance global treasury management through an AI-powered FX solution aimed at reducing costs and improving risk forecasting amid currency volatility. The collaboration features Ant's Time-Series Transformer (TST) AI FX Model, which forecasts cash flow and foreign exchange exposure with over 90% accuracy, now integrated into Barclays' BARX NetFX platform. This partnership is set to optimize FX strategies and expand coverage to additional currencies as cross-border transactions are projected to exceed US$290 trillion by 2030.

Investors shift focus to Europe and Japan amid US market turmoil

Investors shifted their focus to Europe and Japan following the market turmoil triggered by Trump's tariffs, according to Bank of America. This movement reflects a significant response to the economic uncertainty created in the U.S. markets.

ubs warns of global crisis impact on retail sales growth

UBS has highlighted increasing uncertainties in the macroeconomic landscape, introducing a new global crisis scenario with a 15% likelihood due to rising geopolitical tensions and potential tariff impacts. The bank has adjusted its economic forecasts, reducing the probability of stable conditions to 50% and emphasizing the need for retail businesses to adapt to shifting consumer trends amid these challenges. Ongoing market monitoring will be crucial as UBS plans to reassess its outlook in the second quarter of 2025.

wex to showcase expertise at barclays fintech forum in may 2025

WEX CFO Jagtar Narula will present at the Barclays 15th Annual Emerging Payments & Fintech Forum on May 20, 2025, at 12:40 p.m. ET. The event will feature a live webcast and audio replay available for 90 days on the WEX Investor Relations website. WEX, a global commerce platform based in Portland, Maine, focuses on simplifying business operations through integrated solutions and has a market cap of $4.47 billion.

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