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Representatives of eight central banks including those of France, China, Mexico and the UK are meeting in Paris this week for the first time, as part of a new initiative to share best practice on how to make the financial system greener.
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Banks across the Street have sought to woo shareholders with business models that celebrate the holy matrimony between Steady Eddie wealth management and (supposedly) reformed wild child investment banking. But the repercussions on bank earnings from the demise of South African retailer Steinhoff are a reminder that the course of true love never did run smooth.
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Martin Weber, a Goldman Sachs managing director, is moving to Dubai to run the bank’s MENA financing group.
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A new role for Simon Ollerenshaw was announced internally at Barclays on Monday.
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Citi has lost a veteran banker who was in charge of the south Asia equity capital markets business, according to sources close to the move.
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Mexico’s president has proposed a new — but familiar — director of public credit amid a reshuffle at the country's finance ministry. The move was triggered by the resignation of deputy finance minister Vanessa Rubio, who will coordinate the market favourite’s presidential campaign.