Bloomberg News

Welcome to Bloomberg’s new Banking Industry Monitor, bringing to you the top news on the global banking industry with emerging trends, winners and losers and market opportunities. Sign up: bloom.bg/4e65HY2 From the first edition: The war for talent and coping with regulators were recurring themes this week, along with signs that the drought in deal-making is still a drag on profits. Read more: bloom.bg/3HwT1NE

Emerging market assets advanced after US President Donald Trump announced a ceasefire between Israel and Iran, bolstering risk sentiment across the region.

A weakening dollar and falling interest rates in the US will draw global funds back to emerging markets in the medium term, including India. Read for free with your email on what could move markets today.

A moratorium on new renewables projects under discussion in France is endangering €5 billion of solar and wind projects that Engie is considering over the next 10 years, according to CEO Catherine MacGregor

Air India suspended flights across major parts of its international network as the airline, still reeling from a deadly plane crash this month, grapples with disruptions in the Middle East.

The GBU-57 Massive Ordnance Penetrator, or MOP, is a bunker-busting bomb that only the US possesses

For almost two decades Dymon Asia co-founder Danny Yong was one of the best-performing hedge fund stars in Asia - and sometimes the world. But by 2019, after suffering three years of negative returns in a row, he forced to reckon with harsh reality. All the tricks, the tools and the grit that once worked were no longer enough. Rather than bet till the money ran out or returning the cash that was left to investors while becoming a 'family office', Yong and Dymon chose an arguably humbler path - rolling the hedge fund business into a truly Asian multi-strategy fund where other portfolio managers make the call and he plays strategist and coach to get the best out of them: this time taking on and often beating foreign giants from Millennium to Point72. This is the story behind that transition, and how some investors who had ignored Dymon because of its Asian roots are now seeking to allocate money because of them, thanks to US President Donald Trump's recent actions. https://lnkd.in/g9gUhpKG

War in the Middle East typically sent oil prices soaring. On today’s Big Take podcast, Javier Blas tells Sarah Holder how US oil dominance is changing the game.

A former star trader who once lost his touch bounces back as hedge fund coach in Singapore

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