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Crédit Agricole reorganises loans business amid busy hires and promotions in industry
‘New kid on the block’ disrupts established order with lead role on Schroders takeover
Former MDB sustainable finance expert joins as HSBC rebuilds sustainability leadership
EU’s new real time price feed could be nice to have, but market participants are not sure it’s essential
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Crédit Agricole has found an internal replacement for Bernard Delpit, its departing deputy finance director.
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Rampant growth in BNP Paribas’ investment banking revenues helped drive the overall group’s pre-tax income up nearly 20% year-on-year to €2.552bn during the first quarter of 2015.
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Royal Bank of Scotland’s transformation into a “simpler, stronger” bank is proving expensive, with the shares down 3% on Thursday after first quarter revenues failed to break through restructuring and litigation costs. -
“Not too bad” was the market’s verdict on Barclays’ results on Wednesday, despite another ugly hit from fines for bad conduct.
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Banco Santander posted a 41% annual surge in retail banking profits for the first quarter of this year, though its global wholesale banking profit fell by 6%.
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Germany has updated its draft bail-in law, aligning Schuldscheine and registered bonds with senior unsecured as Total Loss Absorbing Capacity (TLAC) eligible debt.
