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Édouard Sauce had been with the firm for almost a decade
As JP Morgan brings its Security and Resilience Initiative to Europe, Craig Coben uncovers what it takes to make such an effort pay off rather than fizzle out as a piece of flashy marketing
Tej Singh leaves firm suddenly
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What size bonuses can investment bankers expect in the next few months? On the one hand, they have made oodles of dough for their firms. On the other, their employers face pressure not to be too generous while much of the rest of society is struggling, with regulators wanting them to focus capital resources on lending to the real economy. -
Banco de la República (BanRep), the central bank of Colombia, has elected a former board member as its next governor, in a move unlikely to signal any major changes in the bank’s policy.
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Jose Andrés Olivares Canchari, director general of Peru’s public treasury, is to leave his role this week for personal reasons, GlobalCapital understands.
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The EU Summit on Thursday swiftly produced agreement on the bloc’s multi-annual financial framework, including the €750bn coronavirus recovery fund. Though the news is good, particularly for the European periphery, the move in spreads has been muted.
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This week in Keeping Tabs: the former governor of the Bank of England on value and values, The New Republic on law and value, reminiscing about the last crisis, and a pub snack en vogue.
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The European Parliament and Council have agreed rules that will set the stage for securitization to play a role in helping European banks dig their way out of an impending surge in defaulted loans. The Parliament has added sustainability criteria to the final amendments.
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