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JPMorgan fund makes a killing

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When shares of mining companies including Freeport-McMoRan to Glencore were collapsing last year, a small fund run by JPMorgan chose to hold on. Now, it’s reaping the rewards of a metals rebound that’s turning bears into bulls.

BNP Paribas plans to expand M&A team in London

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BNP Paribas plans to add two senior people to its 15-strong London team covering British M&A and take on an equity capital markets banker too, part of a plan to boost its investment banking market share outside France, banking executives told Reuters.

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UBS to relocate heads of investment banking

UBS will shift the heads of its onshore China investment-banking unit from Beijing to Hong Kong, while its offshore advisory head for the country Jiang Guorong will move in the opposite direction, as the bank tries to more closely integrate its Chinese businesses.

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CLSA appoint Andrew Low as head of investment banking

CLSA Limited has announced the appointment of Andrew Low as Head of International Investment Banking. To be based in Hong Kong, Low will report to CLSA Chairman & CEO and CITIC Securities International Co-CEO Jonathan Slone and will join CLSA’s Executive Committee.

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Fired Deutsche Bank executive wins lawsuit

A former Deutsche Bank executive fired when female colleagues accused him of sexual harassment won a discrimination lawsuit after London judges ruled the women had lied, exaggerated and used lewd language themselves.

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