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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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A UK government spokesperson has told GlobalCapital that the UK is exploring ways to support private equity-backed businesses that fall foul of EU rules around state aid. Accredited lenders under the UK government’s emergency corporate loans schemes are rejecting applications by many private equity-backed companies, fearing they do not fit the eligibility criteria. -
Supply chain finance company Greensill has hired Peter Charles as vice-chairman of distribution and Dolph Habeck as managing director, head of distribution of the Americas, the company told GlobalCapital.
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A financial markets legal charity has warned the UK against diverging from EU law through its transposition of the Bank Recovery and Resolution Directive (BRRD II), arguing that significant changes could increase the ‘operational burden’ on firms after Brexit.
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ANZ has named two of its veteran bankers to senior positions helming institutional and transaction banking for Australia.
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In this round-up, the six month review of the US-China trade deal has been delayed, the head of the Chinese banking and insurance regulator talks about non-performing loan risk and the resurgence of shadow banking activity, and the Hang Seng Index begins including secondary listed companies and those with weighted voting rights.
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Jin-Hei Park, chief executive officer of Citibank Korea, is retiring in October.
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