Banking Archives

Commerzbank rejects UniCredit’s fresh takeover offer, calls it hostile

IFM CorrespondentApril 23, 2026April 22, 2026

by IFM CorrespondentApril 23, 2026April 22, 2026

UniCredit has been pitching for Commerzbank to undertake cost cuts in its international network and rampant bureaucracy in its domestic business...

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First Horizon Bank strengthens New Orleans team with seasoned hires

IFM CorrespondentApril 16, 2026April 15, 2026

by IFM CorrespondentApril 16, 2026April 15, 2026

First Horizon Bank strengthens its New Orleans banking team with experienced professionals while boosting client relationships and expanding its role in the local financial community...

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Crisis-ridden Julius Baer launches CFO hunt as Evie Kostakis resigns

IFM CorrespondentApril 15, 2026April 14, 2026

by IFM CorrespondentApril 15, 2026April 14, 2026

Evie Kostakis took on the job in 2022, while Julius Baer's management team underwent extensive change over the past two years...

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HSBC Swiss Private Bank appoints Alfonso Gomez as new CEO

IFM CorrespondentApril 7, 2026April 6, 2026

by IFM CorrespondentApril 7, 2026April 6, 2026

Alfonso Gomez, who recently served as CEO of BBVA Switzerland for over 12 years, will be based in Geneva and report to Ida Liu, CEO of HSBC Private Bank...

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Capital A names Effendy Shahul Hamid as its Deputy CEO

IFM CorrespondentMarch 31, 2026March 30, 2026

by IFM CorrespondentMarch 31, 2026March 30, 2026

Capital A is aiming to list its branding unit, AirAsia Next, in ⁠the United States by the end of 2026, reviving a plan that was called off two years ago...