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Europe’s regulator proposes preserving capital requirements while trimming the complexity that hampers cross-border M&A
Banks face an uncertain future as finance goes digital
FIG
Europe's regulator seeks to reduce complexity while 'preserving banks' resilience and resolvability'
Banker had been with the firm since 2024
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  • Even credit geeks relegate accounting geeks to the back corners of the classroom. It’s proverbially dry, and shouldn’t affect real world issues, such as whether a company can deliver returns for its shareholders and pay its debts. But seemingly esoteric accounting changes can mean major real world consequences. It’s not just for the geeks; it’s time to get real about IFRS.
  • Sir Gerry Grimstone, whose departure from Barclays was announced last week, is joining a joint venture between Investcorp and Aberdeen Standard Investments as chair.
  • Charlotte Jones will be leaving Jupiter Fund Management to join RSA Insurance Group.
  • Former Bank of China syndicate head Sebastian Ha has joined SPDB International as its head of fixed income.
  • Sir Gerry Grimstone is vacating his position as chair of Barclays’ non-ringfenced bank at the end of the month, to be replaced by incoming group chair Nigel Higgins.
  • SRI
    Of all the parts of the EU Sustainable Finance Action Plan, the Taxonomy is closest to the heart of the green bond market.