All articles by Kuldeep Jha

Kuldeep Jha

Bank of England updates bank failure playbook after US regulator’s nod

A key addition is an alternative bail-in approach where affected creditors receive non-transferable contingent beneficial interests.

Bill Ackman in talks on new Pershing Square ‘asymmetric’ strategy

The reported discussions also coincide with Ackman’s preparations to take his hedge fund management company public.

Morgan Stanley Investment Management rolls out bitcoin-tracking ETP

MSBT will track bitcoin as measured by the CoinDesk Bitcoin Benchmark 4PM NY Settlement Rate.

Team to acquire Epic investment mandates and Epic Guernsey business

The company said the mandates are mainly multi-asset, fund-based and discretionary, and fit with its current investment approach.

UBS executive vice chair Ros L’Esperance to leave at month-end

L’Esperance joined UBS in 2014. Before that, she held the role of head of global corporate finance at Lehman Brothers.

JPMorgan sets up dedicated private capital advisory unit

The group will be led globally by Keith Canton, who has headed the Americas Equity Capital Markets team for the past three years.

Oxfam urges higher taxes on billionaires as report shows record $18.3tn in wealth

The organisation says billionaire fortunes have risen by 81% since 2020.

UBS warns Swiss capital plan risks competitiveness and shareholder value

The bank estimated the plan would increase its capital needs by about $23–24bn, mainly through additional Common Equity Tier 1 capital.