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People and Markets

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  • Citi has named Rahul Saraf as head of investment banking for India, effective on Wednesday.
  • SRI
    BlackRock, the world’s largest investor, has upped its game on engaging with companies about environmental, social and governance issues this year, especially climate change, under a new manager. But responsible investment supporters are still hoping for more progress, and that the big investors will make the link between their engagement activities and their support for capital markets issues.
  • Credit Suisse has promoted London-based Arun Cronin to be global co-head of CLOs, alongside New York-based co-head Brad Larson, according to people familiar with the matter.
  • In 2016, JP Morgan launched a service to help its corporate clients fill board positions with directors well versed in corporate governance. Now, as board composition comes under ever greater scrutiny, the bank is expanding the offering into EMEA.
  • SRI
    Electric cables have melted, tarmac buckled, businesses closed. Forests and towns have burned. The western US and Canada are in the grip of a savage drought. It ought to be called a once in a lifetime event; unfortunately, that is unlikely to be the case.
  • Barclays has hired seasoned investment banker and KfW board member Ingrid Hengster as its new country CEO for Germany and global chairman of investment banking.
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