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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 Indonesian government’s move to shut down a committee exclusively focused on approving offshore loans from borrowers is getting its first test, as Pertamina lines up a $3bn deal for the acquisition of energy assets. Despite the change coming into effect about two months ago, there is still uncertainty around how the new process will work, writes Pan Yue. -
Minsheng appoints new syndicate head — MUFG hires in Vietnam
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Harald Kröger is set to take charge of Raiffeisen Bank International’s group investment banking division from October 1.
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Boutique firm Liberum has picked David Parsons as executive chairman and Bidhi Bhoma as chief executive, as founder Shane Le Prevost, who previously held both those positions, is stepping down.
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Scope, which provides credit ratings, has created a foundation holding a portion of its shares, saying this is designed to keep it in European hands. In addition, Jean-Claude Trichet, former president of the European Central Bank, has joined an honorary board it has set up to advise on European issues.
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Connecticut-based Nassau Corporate Credit is starting a European CLO operation led by former Ellington portfolio managers Paul Meloche and Hekeani Mathieu. The new business will buy CLO liabilities from third parties as well as running its own CLOs.
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