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Europe's regulator seeks to reduce complexity while 'preserving banks' resilience and resolvability'
Two senior bankers to leave, new roles for Tayler and Roose
Managing director is joining Citi's SSA and covered bond trading team
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UK Finance has said that the array of different regulatory requirements for firms is increasing operational risks, with the approach to solvent wind-downs one example of regulators contradicting each other.
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Senior debt capital markets banker Pramod Shenoi joined independent research firm CreditSights at the end of last year.
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Damien Loynes has been appointed head of syndicate for Europe, the Middle East and Africa at Crédit Agricole.
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Andrew Bailey is seen as a ‘safe pair of hands’ as the new governor of the Bank of England. But while he is a veteran of the bank, his views on monetary policy are not well known, as he has never served on the Monetary Policy Committee. In that respect, though a career central banker, he resembles Christine Lagarde, who has taken the helm at the European Central Bank.
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The European Commission is talking with Italy about its proposed rescue of the troubled lender Banca Popolare di Bari, after the country passed a decree law this week spelling out plans for state intervention.
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NatWest Markets is searching for a new chief executive and chief financial officer, after Chris Marks and Richard Place stepped down from those roles.