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Crédit Agricole reorganises loans business amid busy hires and promotions in industry
The future of the great investment banking Gulf expansion
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The first results are emerging from the worldwide drive to get companies to think about how climate change is going to affect their businesses. Over 40% of the world’s biggest firms are now able to give an estimate of how much they expect to lose and gain. Collectively, they forecast twice as much upside as downside. But this may be optimistic, especially as the data are skewed to financial services.
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Emerging markets trader Vikramdeep Gill is joining Bank of America in July.
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Allen & Overy has appointed Pallavi Gopinath Aney as a capital markets partner to cover India and southeast Asia, according to an announcement from the firm.
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Standard Chartered has poached James Cameron from HSBC, appointing him global head for power, utilities and infrastructure (PUI) and clean technology.
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In this round up, the Ministry of Commerce (MoC) is planning to publish a list of ‘unreliable entities’, clearly echoing the US’s ‘entities list’, the State Council issued a white paper detailing China’s stance on trade tensions, and the People’s Bank of China (PBoC) said its takeover of Baoshang is a ‘one-off’.
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Tang Zhenyi, the former chairman of CLSA, is set to start at Credit Suisse as the chief executive for China later this month.