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Public pension schemes have sold shares in coal, oil and gas companies but are still funding expansion of the gas industry through infrastructure funds
Bank M&A is back on the agenda, but talk of SMBC buying Jefferies is premature. The two firms are prioritising their multi-stranded alliance and a takeover now would jeopardise it
I don’t need to work, but I’m tempted to go back
Corporate broking relationships endure for decades and build deep roots between both individuals and institutions, enabling banks to win outsized revenues from clients they serve. No wonder that a new crop of banks are expanding their ambitions
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While big long-only investors will give IPO issuers time in early look meetings, they have become very reluctant to give price guidance
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Hire follows senior bankers quitting
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Former Barclays executive likely to leave the bank
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CA CIB has grown market share in France but its strategy requires keeping its global reach