Investment bank Berenberg has brought in two specialists to reinforce its algorithmic and program-trading teams as part of a push to expand its product range and court more institutional clients. One of the new arrivals, Nishad Vallonthaiel, will lead the firm’s liquidity-solutions unit.

Berenberg has upgraded Boliden to a ‘buy’ rating, citing the company’s recovery in free cash flow and operational turnaround. The move reflects growing analyst confidence in Boliden’s financial health and performance.