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I thought the grass would be greener in fintech land, but it’s patchy and dreary
Years of underperformance are behind it and the bank has launched a new growth plan
Equity market bodies try to pre-empt regulator's July consultation and consolidated tape decision
Why should I expose myself to embarrassment and legal risk?
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  • While the banking sector has pushed for capital requirements to be tweaked to favour green lending, European Central Bank vice president Luis de Guindos said on Thursday that equity funding might prove more appropriate than this for funding new climate technologies. On the same day, the head of supervision at the ECB said capital relief for green assets must be based on evidence.
  • The retirement of Samir Assaf, HSBC’s long-serving head of global banking and markets (GBM), paves the way for a long overdue restructuring of that division. This will test the bank’s new-look management team.
  • Three bankers have recently joined Natixis’s telecom industry group. Two are in Paris and one is in Singapore.
  • Citi has named Ken Chow and Udhay Furtado as co-heads of Asia equity capital markets, according to an internal memo seen by GlobalCapital Asia.
  • Lazard has launched a venture and growth banking team within its UK investment banking operations, to focus on private equity and venture capital (VC).
  • Andrea Casati, vice-chairman of equity capital markets for Asia Pacific at UBS, left the bank earlier this month, according to a source close to the situation.