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Commerzbank has chosen a new head of its UK corporate banking operation and a new head of international loan origination as part of a reshuffle of senior bankers.
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HSBC’s equity capital markets head for India has left the bank, GlobalCapital Asia understands.
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A large write-down in European private banking left HSBC nursing a heavy quarterly loss at the end of 2016, despite a strong performance in global banking and markets and trading profit that nearly doubled.
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Nomura has hired two bankers into its investment banking division, a new head of investment banking for Italy and a FIG coverage banker.
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India has released a series of targets to make sure its state-owned firms are listed within a specific time frame, giving them up to 5.5 months to market and launch their IPOs.
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Credit Suisse finished 2016 with a Sfr2.4bn ($2.39bn) annual loss but investors found reasons for optimism in the bank’s strong capital position and revenue growth in investment banking and capital markets, causing the stock price to rise 3.05% on the morning it reported.