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BNPP is rebuilding strength in advisory in France
I thought the grass would be greener in fintech land, but it’s patchy and dreary
Years of underperformance are behind it and the bank has launched a new growth plan
Equity market bodies try to pre-empt regulator's July consultation and consolidated tape decision
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  • Bank of America Merrill Lynch has completed a plan that has been in the works for 18 months, by promoting James Fleming and Sam Losada to co-heads of EMEA ECM.
  • Russian companies are now allowed to list depository receipts in Hong Kong, according to an announcement from the city’s stock exchange.
  • Citic Securities has made Zhang Youjun its new chairman. Tthe appointment follows the disappearance of a string of top bankers due to regulatory probes.
  • Ever since it emerged that Saudi Aramco was considering a public listing, equity capital market specialists have been trembling at the potential for the largest IPO in history. Such a deal could also transform the Saudi exchange, finally bringing a rush of foreign investment into the country’s stocks.
  • China’s stock market regulator has conceded that it made mistakes following June 2015’s market crash and that its system for governing the country’s financial markets is inadequate.
  • CIMB has let go 32 staff in Hong Kong, mostly in investment banking and equities, as the Malaysian lender continues its three year cost-cutting drive that began in 2015.