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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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Banker is leaving for another opportunity -
Phil Drake becomes head of UK ECM
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Former UBS banker Jeff Mortara joins in New York
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Former JP Morgan big hitter to join BNPP in London
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CFO and former trader is seen as natural successor after Noel Quinn unexpectedly stepped down
