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Bank has lost six debt bankers since April including three MDs
Concerns rise about dominance of big tech providers as cyber risk proliferates
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Manfred Knof's appointment to succeed Martin Zielke as Commerzbank chief executive has been welcomed by market participants, ahead of an expected strategy update at the German bank. -
The coronavirus pandemic has sparked an unprecedented wave of sovereign borrowing. Much of the paper has, unsurprisingly, ended up on the balance sheets of domestic banks. This has, equally unsurprisingly, prompted a fresh round of worry about the strengthening of the sovereign-bank nexus.
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The European Commission released a new action plan for its Capital Markets Union project on Thursday, prompting many observers to urge the EU to crack on with the proposals, after the CMU has taken years to implement.
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Goldman gives new positions to Marsh, Verri and Sorrell — Bain picks ESG boss — Falth turns up at Mizuho
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The General Court of the European Union has annulled three decisions of the Single Resolution Board on contributions banks have to make to the EU Resolution Fund. It said the Board had an "inherently opaque" process for calculating these fees.
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The European Central Bank (ECB) would gain more autonomy under new proposals on how to improve bank capital rules.
