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A dealmaking rush? European beauty braces for 'super dynamic' 2024



The European beauty market remains an exciting space to invest as fragrance booms and the supply chain remains fragmented, but financial headwinds, geopolitical concerns and a lack of early-stage investment present challenges, say experts. These were the key takeaways made last month at Beauty Independent’s debut Dealmaker Summit EU/UK 2023 in London, UK – a two-day event where brands, investors and consultancy firms met to network and discuss trends data on the financial state of today’s. ....

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Credit Suisse Bankers Swarm Headhunters After UBS Rescue

(Bloomberg) Recruiters across the world are getting an unprecedented flood of calls from Credit Suisse Group AG bankers seeking new jobs as the embattled Swiss lender is set to be taken over by UBS Group AG. From Singapore to London to New York, headhunters and rival lenders have been fielding calls over the past few days from anxious Credit Suisse staff, according to people from more than a dozen firms with knowledge of the matter. One firm in Singapore handled questions from some 30 mostly Credit Suisse private bankers about available jobs on Monday, while another recruiter in Hong Kong has been talking to more than 20 senior investment bankers since last week, the people said, asking not to be identified discussing confidential information. Meanwhile, a firm that’s focused on managing director hires said it has received such calls since late Friday, especially for the wealth area. A headhunter in London where Credit Suisse employs about 5,500 people, according to its website ....

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