SWITZERLAND: Citi has poached UBS’s head of Europe, Middle East and Africa capital goods, Heiko Horn, as the new head of its investment banking business in Switzerland. Mr Horn will also head Citi’s Emea diversified industrials group, according to an internal memo seen by the Financial Times. “Heiko brings with him over 10 years of experience covering the Swiss investment banking market,” said Niraj Shah, co-head of Emea industrials. “He will work in close partnership with Niraj Shah and Rob Jurd covering diversified industrials and capital goods clients in EMEA. He is expected to join Citi in November and will be based in Zurich.” The role is a newly-created one, as Citi increases its focus on Western Europe.
lamic banking assets reach Rs14.47 trillion, sector share rises to 23%
KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...
