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Natixis posted weak annual results in its capital markets division on Thursday, with revenues down 13% year-on-year in 2014, even as the bank’s profit at group level grew by 16% at €1.3bn. -
Eric Daniels, the former chief executive of Lloyds, has joined Wellesley Finance as non-executive chairman.
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Don’t be distracted by the razzmatazz. Peer-to-peer lenders walk like banks and quack like them. As a retail bond offering from Wellesley & Co in the UK makes clear, bankishness is one of the best things about P2P. But don’t go thinking the risks are the same.
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Crédit Agricole’s shares leapt 7.3% this morning after the bank published an encouraging set of 2014 results, including higher profits in investment banking and the group’s Italian subsidiary Cariparma.
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Oliver Burrows has departed Rabobank, where he had been working as a director in credit research, focusing on banks.
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Citi has announced the successor to Paul Young as head of EMEA debt capital markets and syndicate
