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  • Evercore Partners has hired a senior banker from Credit Suisse to beef up its industrials practice in Europe.
  • Goldman Sachs has named Todd Leland as head of investment banking division (IBD) for Asia Pacific ex-Japan, as his predecessors Andrea Vella and Kate Richdale step up to become co-chairs for the region.
  • FIG
    The Spanish supreme court’s recent ruling that banks should pay certain taxes on mortgage loans harmed the lenders’ trading levels and hindered primary debt market access. Ratings agency DBRS estimates that, in the unlikely worst-case scenario, the sector could face a retroactive bill of €16.9bn.
  • BNP Paribas has shaken up the structure of its corporate and institutional bank, disbanding its long-standing corporate finance unit and making a string of senior appointments.
  • Mizuho has hired an equity-linked banker from Deutsche Bank for its equity capital markets business in London.
  • Green finance experts have hailed the Bank of England’s announcement this week that it intends to tighten supervision of financial firms’ climate risks as an important step forward in greening the financial system. But doubts remain as to whether the Bank will push firms far enough, fast enough.