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Artificial intelligence is changing the investment banking game. But banks are divided on whether to cut costs or try and win more deals
Ex-Crédit Agricole banker to be based in Paris
Édouard Sauce had been with the firm for almost a decade
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Deutsche hires for top job in Vietnam – ANZ names two MDs – Citi Korea CEO to retire -
The Colorado attorney general reached a settlement with marketplace lenders Avant and Marlette Funding on Tuesday that enables the lenders to keep working with partner banks under safe harbour provisions if they comply with rules set out by the state. Market participants said the settlement is a clear win for online lenders, as it brings legal certainty, and it may guide other states in resolving “true lender” issues.
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Standard & Poor’s expects the European default rate to climb to the highest level seen since the fallout from the last financial crisis.
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Ireti Samuel-Ogbu will replace Akin Dawodu as Citigroup's country officer for Nigeria.
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Paul, Weiss, Rifkind, Wharton & Garrison has hired Charles Pesant as partner in the securitization practice group and in the corporate department in New York.
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The speed with which leveraged finance investors have embraced environmental, social and governance issues in the past 18 months has created an information impasse in the market, which the investors’ trade body is striving to ease.
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