Page 10 


Deutsche Bank slump hits hedge funds

Hedge Fund

Deutsche Bank said second-quarter revenue dropped at its prime finance unit, extending a slump beyond businesses that the lender is seeking to exit as client concerns added to volatile markets.



Standard Chartered Logo

Standard Chartered appoints new chairman

Standard Chartered have appointed José Viñals as Chairman. José, will join the Board as Chairman designate on 3 October 2016, and succeed Sir John Peace as Chairman of the Group on 1 December 2016. Sir John will step down as a Director and Chairman on the same day.