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Barclays has appointed new management for its EMEA investment banking business, promoting Crispin Osborne and Sam Dean to co-heads, and Makram Azar to chairman.
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Credit Suisse reported a net profit for the first quarter of 2015 of Sfr1.1bn (€1.06bn), up 23% year on year, in part thanks to a strong performance from its trading divisions.
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China’s parliament began a sweeping review of its Securities Law on Monday, with amendments that could pave the way for a long-awaited overhaul of regulations that have been in place since 1999.
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Niccolo Manno has been promoted to the position of JP Morgan’s new head of Asia equity capital markets syndicate, following the departure of Eliot Fisk from the bank.
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Boutique firm Religare Capital Markets has signed a pact with FSG Capital to serve mid-market and under-served clients in the Philippines, making it the first and only India-based investment bank to form a joint venture in the country.
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The first quarter numbers of the biggest US investment banks show that the right kind of volatility is back in the market, as divergent central bank policies pushed investors to take a view.