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The US bank is reshuffling several roles in the Middle East
Senior banker will move to Abu Dhabi to take up position
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Credit Suisse has been fined $77m by the US authorities to settle charges around its hiring of friends and family of Chinese government officials to win investment banking business.
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The governance problems at the United Nations’ Green Climate Fund hit a new low this week when a four day board meeting was almost entirely taken up with procedural wrangling and failed to reach agreement on most of the agenda.
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Nomura has unveiled a big redundancy round in its EMEA global markets operation, with more than 50 front office staff at risk. The move comes as volumes in European fixed income disappoint once again, setting banks up for a rough set of second quarter numbers.
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Goldman’s Furtado heads to Citi — HNA chairman dies on business trip — Veteran loans banker Pemberton passes away — Everbright nabs structured finance boss — Chaudhry leaves Deutsche to study
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Howard Bamsey has stepped down as executive director of the Green Climate Fund with immediate effect, at the end of a four day board meeting described as "very difficult and disappointing" by the organisation's co-chairman.
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Mak Ka Ming, former head of structured finance at Chong Hing Bank has joined China Everbright Bank’s Hong Kong branch, according to a source close to the move.