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Syndicate and trading executives get wider responsibilities
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Rolf Petermann, a former FIG banker at Société Générale, has been hired by Nomura.
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UBS has hired from insurance company FWD Group to fill the position of head of financial institutions group for Asia Pacific.
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In a marathon board meeting that lasted into the evening on Thursday, EU member states have approved a new Energy Lending Policy for the European Investment Bank, ending a dispute over how fast it can cut out fossil fuel financing. Those arguing for gas still to receive financing won substantial concessions, compared with the EIB's first draft of the policy.
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UniCredit has structured a a €7.75bn SME securitization called Impresa Two, which will allow the bank to free up a large book of Italian government bonds it had pledged to former brokerage subsidiary FinecoBank.
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Credit Suisse has lost the talisman of its investment banking and capital markets (IBCM) division, James 'Jim' Amine, but says the unit is "absolutely core", writes David Rothnie.
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Commerzbank’s corporate clients division will focus on small and medium-sized enterprises (SMEs) and cross-selling over pure growth, as it continues with its latest strategic plan.