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Emerging market specialist moves to Middle East
CSFB and Barclays banker was one of market’s most eminent figures
Senior loans banker leaves Deutsche after 14 years
Bank says it is investing in Middle East and plans more hires
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  • Russia's VTB Bank has signed an agreement with African Export-Import Bank (Afreximbank) to boost trade finance cooperation between the two in Africa. The announcement comes on the heels of the inaugural Russia-Africa summit held this week in Sochi, during which a number of trade deals were said to have been signed.
  • UBS Securities, the Swiss bank’s China onshore joint venture securities firm, has named Eugene Qian as chairman, succeeding Di He who is stepping down after two decades at the bank, according to an internal memo seen by GlobalCapital Asia's sister publication GlobalRMB.
  • A steep rise in purchases of sovereign debt by banks in emerging and developing economies (EMDEs) has earned them higher profits but also leaves them more vulnerable to economic shocks, according to research by the International Monetary Fund (IMF).
  • JP Morgan changes line-up for energy and utilities, multi-nationals, UK ECM and UK M&A — UniCredit swaps out CEE investment bank head — Pigasse exits Lazard
  • Andrea Diamanti is set to become deputy CEO of UniCredit Bank Russia. Fabio Fornaroli will now lead UniCredit’s Central and Eastern Europe investment bank.
  • A senior loan syndications banker in HSBC’s Hong Kong team has left the bank.