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I thought the grass would be greener in fintech land, but it’s patchy and dreary
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Deutsche Bank has signalled its commitment to maintaining a “strong capital markets business” after admitting it has begun formal merger talks with smaller rival Commerzbank. -
The European Commission proposed earlier this month tweaking the capital requirements for insurance companies, through the creation of a new “long-term equity investments” class in the Solvency II regulation.
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BofA names new pair to lead UK IB — UniCredit MTN banker joins SSA syndicate — Bank of America loses two traders in London — Allen & Overy names new structured finance partner
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Hong Kong’s securities regulator has fined Bank of America, Morgan Stanley, Standard Chartered and UBS after investigations into the banks’ sponsorship of a series of IPOs. The Swiss bank has also had its sponsor licence revoked for a year. Jonathan Breen reports.
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Bank of America has appointed two co-heads of UK investment banking.
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The logic for a merger between Deutsche Bank and Commerzbank still looks far from convincing, despite the wishes of Germany’s political elite, writes David Rothnie.
