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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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Fitch Ratings has hired Matt Palmer as a senior director in its London office to develop its ratings business in investment grade debt markets. -
Six months after joining JP Morgan, William Vereker has been named as the next non-executive chair of Santander UK.
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This week in Keeping Tabs: confronting dollar bears, Lebanon’s crisis, the power of debt in Ireland, and funding equity research.
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In this round up, China records a trade surplus in July that exceeds expectations by a large margin, the central bank reviews the monetary policy from the second quarter and sets a direction for the rest of the year, and the finance minister says more than half of the proceeds from China’s Rmb1tr Covid-19 themed ‘special treasury bonds’ are already in use.
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In this round-up, China and the US will examine the progress made from the phase one trade deal, the Chinese foreign minister says a ‘new Cold War’ is not what Beijing wants, and a pair of executive orders by president Donald Trump will ban US transactions involving WeChat and TikTok’s parent companies.
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Emerging economies have a unique opportunity to direct the surge in climate-focused lending by public and private institutions towards 'build back better' schemes in the wake of the Covid-19 pandemic, according to a group of the largest multilateral development banks.
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