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Allowing machines to process loan information on a single standard would increase resilience, streamline workflows and support AI
Big name moves to senior job at rival firm
Frédéric Despagne will also lead equity and derivatives sales across EMEA
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Commercial Property Assessed Clean Energy (PACE) provider and ABS issuer Petros PACE has hired Connor Murch as vice president of business development, a newly created role that will help the firm take advantage of the growth of the commercial PACE market seen in recent months. -
The UK government has launched a review to find ways to boost the country’s fintech sector, a week after the Bank of England told alternative and non-bank lenders they would not receive emergency funding to support them during the pandemic.
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Citi has appointed Cristina Paviglianiti and Luca Sabbatini to run markets and securities services in Italy, adding to a series of recent appointments across its European investment bank.
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NordLB has promoted two bankers to its FIG coverage and SSA teams, and plans to make further external hires soon.
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Private sector involvement in Covid-19 debt relief efforts seems set for a mire of unclear messaging and recriminations, after G20 figures published this weekend disappointed.
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Capza, the European private investment platform focused on small and medium-sized enterprises, completed a €450m capital raising for a new equity fund this week, taking its total assets under management to more than €4bn.
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