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Financial institutions specialist heads to German bank
New system starts with nearly 100% coverage of trading data
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
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Ruben Aganbegyan has been appointed CEO of Otkritie Financial Corporation.
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Nomura has announced two hires it has made in the past few weeks. Kaan Basaran, a well known veteran of the CEEMEA bond market, joined at the beginning of October as head of origination and sales, Turkey.
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The scale of the change that the UK’s Banking Reform Bill will force upon the country’s lenders was highlighted this week as US economist Paul Volcker questioned the sustainability of ring-fencing and the UK government clashed with the European Commission over bail-in regulation, leading senior industry figures such as HSBC’s Douglas Flint to complain of a regulatory overload, writes Will Caiger-Smith.
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Olivier Khayat, deputy head of corporate and investment banking at UniCredit, is adding the global transaction banking remit to his portfolio on an interim basis.
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UniCredit has announced that an ex-Bank of America Merrill Lynch investment banker will be joining its ranks at the end of October, to replace outgoing funding and portfolio manager Philipp Waldstein.
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It is with great sadness that we report the death of Padraic Fallon, chairman and chief executive of Euromoney Institutional Investor PLC. He had been fighting cancer over the past year and passed away peacefully in his sleep on Saturday night.