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  • Deutsche Bank has hired Thomas Piquemal, the former senior vice-president for finance at EDF Group, as its global head of M&A and chairman of the corporate and investment bank (CIB) in France.
  • UniCredit and Intesa Sanpaolo both escaped having to deduct the Atlante fund’s rescue of Banca Popolare di Vicenza from their capital. But the firms took very different equity damage from the debut deal, despite each owning a €300m stake. Owen Sanderson reports.
  • 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.
  • 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.
  • Goldman Sachs’ head of Australian equities will be leaving after more than a decade with the bank to pursue other ventures.