HSBC has picked Georges Elhedery and Greg Guyett as co-heads of its global banking and markets (GBM) division, replacing Samir Assaf, who has been handed a new role as chair of corporate and institutional banking.
The European Union has reached preliminary political agreement on the law that will introduce its Taxonomy of Sustainable Economic Activities.
A major push towards fiscal easing in Europe, which could be a key driver of capital markets in 2020, looks more likely after the junior partner in Germany's governing coalition elected leaders who are calling for more public investment.
Firms are continuing to struggle with reporting quality and processes around MiFID II compliance, according to a new survey.
