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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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Mizuho has hired a new head of securitization in New York, adding to the new faces in the firm’s US banking and capital markets arms.
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Senior figures within Deutsche Bank expected management change, but not so slowly — many thought co-CEOs Anshu Jain and Jürgen Fitschen might have gone before Strategy 2020 had been hammered out.
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Deutsche’s incoming CEO has the credentials to execute the bank’s strategic plan, but rivals will look to exploit instability at the investment bank.
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HSBC's Russell Julius will take over as HSBC's global head of equity capital markets, as John Crompton will now focus solely on corporate finance.
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MSCI will include A-shares in its indices as soon as Chines regulators address outstanding market access concerns, most pressingly quota allocations, the index provider said this week.
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Index provider MSCI announced on June 9 that A shares inclusion in the indices will happen as soon as Chinese regulators address outstanding market access issues, with quota allocations as the most pressing of them.