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Influential banker helped shape European levfin market in 35 year career
Gordon Houseman moves firm four years after becoming partner
Changing one of IB bosses shows what Deutsche values
Portfolio manager moves from RBC BlueBay
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  • Andrew McNaught will lead BNP Paribas’ UK advisory team from the end of the month, as the French bank plans to develop its corporate operations in the country “further, faster”.
  • Crédit Agricole has appointed Sébastien Domanico as head of global markets for Europe, the Middle East and Africa, just weeks after he was picked to lead a different division at the bank.
  • Banks are racing to expand their sponsors coverage teams as they fight to remain relevant to private capital providers at a time of disintermediation in investment banking. By David Rothnie.
  • Underwriting revenues fell for Credit Suisse in the second quarter, it said on Wednesday, although fixed income trading and sales was a bright spot in its results.
  • The London Stock Exchange Group declared on Monday it is interested in buying market data and infrastructure firm Refinitiv for $27bn, a purchase that would give it added clout in data and analytics. Refinitiv’s bonds — notorious in the high yield market for their structure — and LSEG’s shares moved up on the news.
  • HSBC’s new global banking boss has quietly redesigned the division and fleshed out a cohesive corporate finance strategy that plays to its strengths, writes David Rothnie.