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Credit Suisse has hired Deutsche Bank’s head of corporate broking to bolster its senior UK investment banking team.

Nick Jansa, former co-head of corporate finance EMEA and co-head of leveraged debt capital markets at Deutsche Bank, is joining Ontario Teachers’ Pension Plan Board as senior managing director in EMEA, running investment activities and portfolio management in the region.

The European Central Bank told eurozone banks this week that they are free to restart dividend payments and share buybacks in 2021, so long as they comply with a number of stringent guidelines.

Politicians across Europe are interested in the idea of the European Central Bank writing off the government bonds it holds, but this looks tricky and potentially not so useful after all.

Citi has hired Peter Kimpel as head of banking, capital markets and advisory (BCMA) for Germany and Austria. He joins from Barclays and was also previously chief financial officer at Rocket Internet.

Credit Suisse's investment bank is well placed for where the market is heading after the coronavirus pandemic, it said on Tuesday at an investor day. Its new global trading solutions (GTS) business unit may be key to future revenue streams.

The UK government is in the midst of a review that is seeking to make London a more attractive listing venue for high growth international technology companies. While change is undoubtedly concerning for some who do not want the UK to lose its reputation for high standards, the UK should not ignore a chance for the London Stock Exchange to evolve.

The New Development Bank has hired Yousef Syed as director-general of its treasury, to replace Levan Zolotarev.

The lack of clarity over whether the UK and the EU will clinch a trade deal before the end of the year also makes it harder for those in financial markets to know whether equivalence decisions will be granted for the trading obligations for derivatives (DTO) and shares (STO).

At the end of a strong year, Deutsche Bank told investors that its investment bank had not simply benefitted from a rising tide lifting all boats, but that it would be able to carry on generating much of the extra revenue it created in 2020. It also boasted of working on a number of European sovereign debt deals.

Berenberg is developing into a pan-European mid-market powerhouse, with big growth ambitions for 2021, writes David Rothnie.

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.