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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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  • Burford Capital, the litigation funder, is under pressure over how it accounts for an obscure type of asset and how it finances its business using debt. In many respects it is a unique case, but it is a debacle fuelled by quantitative easing. With more of that on the way, pushing investors into ever more esoteric asset classes in the quest for yield, there will be plenty more businesses under scrutiny.
  • Deutsche Bank has made more changes to its Asia investment bank, including job cuts and new postings for senior bankers, as it shifts the focus of its business.
  • Gerardus Vos is joining Bank of America Merrill Lynch as head of financial technology investment banking for Europe, the Middle East and Africa.
  • The UK’s Financial Conduct Authority is looking into the movements in litigation finance firm Burford Capital’s share price last week. Burford is alleging evidence of "illegal market manipulation".
  • A former co-head of Asia Pacific equity capital markets HSBC Alexis Adamczyk has started work at Far East Consortium International, just months after leaving the bank.
  • Juan Rodriguez Andrade will join Bank of America Merrill Lynch next month to lead equity-linked business for Europe, the Middle East and Africa.