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  • CDC, a development financial institution, has hired a former regional head of global banking at Standard Chartered to mobilise investment in developing countries.
  • The path from M&A rainmaker to CEO is a perilous one, as John Cryan and Andrea Orcel have proved. Will Christian Meissner be the next senior banker to try it, asks David Rothnie.
  • Goldman Sachs has appointed Jung Min as co-head of its Asia Pacific ex-Japan technology, media and telecom group.
  • Bank of America Merrill Lynch has appointed Mark Warburton as its new head of Australia equity capital markets, according to an internal memo seen by GlobalCapital Asia.
  • Hong Kong Exchanges and Clearing (HKEX) has reported record Hong Kong derivatives market volumes, along with a surge in trading volumes at its London Metal Exchange (LME) subsidiary.
  • Metro Bank’s update to the market on Wednesday has led to speculation it will need to raise capital once more. It revealed slowing loan and deposit growth, weaker than expected profits, and a greater than expected rise in risk-weighted assets chewing up its capital ratio. The update came at a time when UK banks are pessimistic about raising capital.