Dresdner Kleinwort Wasserstein (DrKW) has boosted its non-German business by selling an exchangeable bond for a French media group in the bank's first lead role on an equity-linked issue since the Orange flotation back in February.

DrKW  was the sole bookrunner of a €174m ($157m) equity-linked bond from Publicis Groupe which is exchangeable into shares in Interpublic Group of Companies, a US advertising group.

Shanny Basar

France Télécom

Interpublic Group of Companies

Publicis Groupe

Morgan Stanley

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Milbank hires private equity M&A rising star in Germany

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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US law firm hires private equity specialist from key client

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The U.K. central bank lowered its key rate for the fifth time in a year as it seeks to balance a pickup in inflation against a cooling jobs market.

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The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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The president is expected to sign an executive order as soon as this week that targets what is called debanking of businesses including crypto companies.

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The U.K. Supreme Court said a commission from a bank to a car dealer isn’t considered a bribe and dealers don’t violate rules by not disclosing this commission to customers.

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Demand is up for private aviation, the luxury that separates the 1% from the 0.1%.

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The largest U.S. crypto exchange’s revenue fell short of Wall Street expectations.

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The appointment rewards the executive who led the bank back from a scandal involving the creation of millions of fake customer accounts.

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Microsoft joined Nvidia in the $4 trillion market-cap club, while Meta is closing in on the $2 trillion mark.

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DrKW boosts French business

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