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Two banks have poached members of BNP Paribas’ emerging markets sales and trading team.
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Boutique investment bank SC Lowy signalled the potential it sees in the Italian banking sector through its acquisition of Credito di Romagna this week. Michel Löwy, CEO of the firm, also views it as a way to expand the firm’s European leveraged finance operations.
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Deutsche Bank has appointed Beng-Hong Lee to the newly created position of head of institutional client group for China.
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Bank of America Merrill Lynch, Credit Suisse, Nomura and UBS have made senior changes in their equity capital markets and syndicate teams in Asia.
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Deutsche Bank has appointed Beng-Hong Lee to the newly created position of head of institutional client group, China, according to an internal memo seen by GlobalCapital Asia.
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China’s cautious approach to credit default swaps (CDS) has left the market a minnow compared with other large financial systems. Paolo Danese investigates.