Plus: JPMorgan and State Street pull out of Climate Action 100+; NatWest reports highest annual profit since 2007, and more
Plus: NatWest to appoint permanent CEO; Morgan Stanley plans job cuts, and more
Plus: UK inflation holds steady against expectations; Macquarie’s highest-paid banker steps down, and more
Plus: BoE notes ”upturn” in UK economy; bitcoin broaches $50,000; Barclays purchases Tesco Bank, and more
Interest rates and inflation combined with geopolitical tension to sabotage investor confidence
Despite a drop in the number of deals, a marked rise in median deal value led to an overall boost for the sector
But despite the global downturn, there were some notable bright spots
A weekly look at some of the most recent and influential people moves across the global banking industry.