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The US bank is reshuffling several roles in the Middle East
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The debt chief will begin a new position at Hungary's central bank in March
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GlobalCapital asked heads of debt capital markets businesses across the Street about their expectations for 2025 and their experiences of 2024. Most predict rising issuance volumes as Ralph Sinclair discovers whether they see AI, blockchains, or the rather more human rise of private credit as the most disruptive threat to the industry
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The capital markets are finding growing uses for artificial intelligence as language models go from being large and broad, to small and tightly focused. AI has already been deployed to increase administrative efficiency. Automation in trading and execution is next, writes Gaia Freydefont
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Banker promoted after other personnel changes at the firm
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Requirement to establish regional headquarters in Saudi poses awkward problems
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Oil producers hinder progress, rich countries reluctant to pay