India’s 360 ONE Asset Management is planning to raise as much as $500m for its sixth private credit fund, according to Bloomberg.

UK sanctions authorities have penalised Deutsche Bank’s London branch £165,000 ($221,154) after the lender handled payments linked to a sanctioned Russian-owned business.

Morgan Stanley has supplied its entire Hong Kong investment banking team with restricted-use devices for trips to mainland China, the Financial Times reported citing undisclosed sources.

Kellogg will run the global investment products unit, with oversight of strategy, product development and implementation.