The aim of the stock purchase is to help boost advanced technology and semiconductor innovation in the US; Intel has been under the spotlight of the US administration in recent weeks.

Michael Benz brings over three decades of leadership experience to the Swiss crypto bank.

Tanar is currently ANZ country head for Germany and will replace Mitchell Mason; the bank sees growth opportunities across markets, financial institutions and DCM.

Jiang joins the French bank in Hong Kong from Santander as head of industry group, industrial and technology, Apac.

Jig Patel has previously helped build out Goldman Sachs' Asia prime business; the bank is looking to increase its prime headcount in the region by up to 10%.

Fujitec is a leading Japanese manufacturer of elevators and escalators and EQT wants to help its international expansion by working alongside existing management.

Deepak Dangayach to join as regional co-head, DCM; Vikram Chavali named managing director, head of global asset managers for Japan, Asia North, and Australia, and Asia South.

Joy Kwek joins from Morgan Stanley and is tasked with leading synergies between SMBC and SMBC Nikko, strengthening their capital markets and structured solutions offering.

Jerome Niddam, the bank's Apac head of global markets, will replace Cecile Bartenieff in Hong Kong from September; Bartenieff is switching roles at the French bank.

The EU has reached an agreement with US president Donald Trump, who said global baseline tariffs would be between 15% and 20%. The move follows deals with Japan, the Philippines, Indonesia and Vietnam.