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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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Barclays on Tuesday reaffirmed its commitment to its investment bank but announced that it was cutting businesses and refocusing on its core markets of the UK, the US and Africa.
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Johnny Cameron, former head of Royal Bank of Scotland’s investment bank, this week blamed the culture of City traders for misdeeds such as Libor manipulation, writes Mark Baker.
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EuroWeek understands that BNP Paribas’s Bob Fernandez is moving to Johannesburg for the French bank, where he will take up a role covering South African financial institutions.
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The European Banking Authority is bolstering its attempts to ensure that banks are protected from future crises, by adding to its home-host co-ordination unit, which is helping cross-border banking groups to formulate interim resolution plans before the European Recovery and Resolution Directive (RRD) is implemented.
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Arab Banking Corporation’s president and chief executive Hassan Ali Juma will retire from the business in July. Juma has served in this capacity at ABC since April 1, 2008, when he was charged with rescuing the bank as it struggled to cope with the global credit crisis.
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Global Banking Corporation (GBCorp), a Shariah-compliant investment bank based in Bahrain, has hired Zakaria Ahmed Hejris as its chief executive officer. He assumes the role following the departure of former CEO Oscar Silva in June last year.