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Global warming is coming for portfolios everywhere. Good luck finding any escape
Management simplified as former DCM banker joins as co-CEO
Banker is moving to Greece as focus grows in connecting its capital markets and banking sector to international investors
Bond market digitisation starts with the paperwork
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Danske Bank’s new large corporates and institutions business, headed by Berit Behring, took effect on Monday, with three global client-facing divisions. Loans — grouped with primary and secondary equities and the advisory business — is in a different division from bonds.
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Paul Fulcher, formerly at Nomura and Milliman, has joined financial firm Just Group as group capital and investment executive.
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Small and medium-sized European banks could be looking at adjustments to their minimum requirements for own funds and eligible liabilities (MREL), or longer transition periods, following a review of the EU crisis management framework this year.
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The European Central Bank has said it is too soon to tell if banks will use the flexibility embedded in the Basel capital buffer framework because the credit impact of the coronavirus pandemic is still unclear.
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FIG rainmaker Andrea Orcel is stepping back into the limelight as UniCredit chief executive, just as momentum is building for large-scale banking consolidation. He has an array of M&A options, but will he be shy in pulling the trigger? David Rothnie reports.
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The European Commission has this week invited stakeholders to contribute to a review of the EU’s crisis management framework. It is hoping to be able to fix a number of issues relating to the Banking Union, with a particular focus on reaching agreement on a common system of deposit insurance (EDIS).