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Syndicate and trading executives get wider responsibilities
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New MENA heads at Citi and Goldman Sachs — Julia Hoggett moves from FCA to LSE — LBBW hires Sim for Asia team -
LBBW has hired Buck Khim Sim to join it primary markets team as part of its strategy to build up its presence in Asia.
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In the latest sign that bank supervisors are preparing for consolidation in the sector, the EU's Single Resolution Board has outlined its expectations for how lenders can make sure they are resolvable when undertaking M&A.
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The coronavirus crisis, new challengers, technology and capital requirements threaten to shake up the banking sector — and banks are likely to shift business models substantially, according to management consultancy firm Arthur D Little.
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The Basel Committee on Banking Supervision has this week put out new guidelines for auditors to follow when they check the way banks calculate expected credit losses. The guidance arrives as market participants struggle to determine the outlook for bad loans, as a result of a significant variability in accounting practices.
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Deutsche Bank is joining the ranks of banks that tie their top managers’ bonuses to sustainability targets, highlighting the fact that there is great variety in how this is done among leading investment banks.
