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Five months in, Alessandro Melzi is getting started on the plan, but his boss is about to change
Paul Gibbs among those departing the firm after long service
Bank strives for ‘complete global offering’ in M&A and ECM but market conditions hang in the balance
Broaching the delicate subject with your boss of being asked to keep too many plates spinning
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The Philippines’ tough-talking new president may be ruffling feathers with his firebrand public persona but bankers and market watchers have mostly brushed this off and said the country is poised to see a resumption in primary equity and debt issuance. But the leader’s thinking on the economy remains a wild card, writes John Loh. -
Credit Suisse's chief executive has reminded everyone that he has a track record of providing long-term value for shareholders. That could spell break-up, writes David Rothnie.
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Escaping the €1.5bn sole underwriting commitment to Banco Popolare di Vicenza, through the establishment of the Atlante rescue fund, cost UniCredit around €118m in capital, according to the bank’s first quarter numbers.
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Goldman Sachs’ head of Australian equities will be leaving after more than a decade with the bank to pursue other ventures.
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Citi has made two senior appointments in its global equities division to fill the gap left by former head Derek Bandeen, who is retiring from the firm.
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The US Department of Labor’s new conflict of interest regulations will change the way structured products are packaged and sold to retail retirement accounts, law firm Morrison & Foerster has warned. And although implementation is nearly a year away, the scope and complexity of likely programme changes require immediate attention from both manufacturers and distributors of structured products.
