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Ex-Crédit Agricole banker to be based in Paris
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
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The General Court of the European Union has annulled three decisions of the Single Resolution Board on contributions banks have to make to the EU Resolution Fund. It said the Board had an "inherently opaque" process for calculating these fees. -
JP Morgan and Morgan Stanley’s positions at the top of the UK corporate broking rankings have undoubtedly helped their equity capital markets businesses, but Goldman Sachs stands out for its disruptive approach, writes David Rothnie.
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The standard maturity for European investment grade corporate loans has been reduced from five years to three in the wake of the coronavirus crisis, and senior lenders say they are eager to try and maintain the new shorter maturity.
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ANZ has appointed Rufus Pinto as its country head for the Philippines, effective Thursday.
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The Court of Appeal ruled last week that Rizwan Hussain’s 12 month prison term for contempt of court would stand, leaving the controversial former banker incarcerated after a legal fight over unpaid bills for a London flat rental.
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Banks may be using their lending relationships with companies to press them into granting bond mandates, the International Organisation of Securities Commissions has warned. This follows the UK Financial Conduct Authority's remarks about similar pressure for equity mandates in April.
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