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Bank strives for ‘complete global offering’ in M&A and ECM but market conditions hang in the balance
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‘New kid on the block’ disrupts established order with lead role on Schroders takeover
Olivier Caseris takes over from Joëlle Assouad
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Russian capital markets have had a rough time this year, but the prospect of relief from sanctions diminished this week after the Democrats regained control of the US House of Representatives.
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Berenberg has made a swathe of redundancies in its equities division this week, especially in its London research staff, including the cutting of all or nearly all analysts covering several sectors.
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The US bank has appointed a strong line-up to run its EMEA banking operation as it looks to capitalise on its recent gains in market share, writes David Rothnie.
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Wendy Liu has joined UBS’s research arm as managing director and head of China strategy, according to a memo seen by GlobalCapital Asia.
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The European Parliament will push for stronger rules on sustainability for investment firms and banks, after its Economic and Monetary Affairs Committee voted on Monday evening to go beyond what the European Commission is recommending.
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There has been feverish talk over the past few days that the UK and European Union are close to agreeing a deal to determine the future of the continent’s financial services industry, but that talk is premature: real negotiations likely haven’t even started yet.