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CEO’s departure comes ahead of business’s full integration into German bank
Reorganisation changes reporting lines
With a top quality management team now able to focus on growth, Wells Fargo could shake up the pecking order in investment banking
Financial institutions dealmaking is at an 18 year high but banking consolidation is elusive
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Bank of America hopes that a new management team built on a culture of intensity will enable it to meet its top three goal in Europe, the Middle East and Africa, writes David Rothnie. -
For its European operations Berenberg has named a new head of investment banking, new heads of markets and a new head of equities.
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UBS has created a new corporate finance group within the Greater China team that will mainly focus on the execution of IPOs, according to an internal memo seen by GlobalCapital Asia.
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Citi has created a cross-border and public sector solutions (XPS) team, which will be headed by Valentina Antill globally, with Abhishek Kapur taking charge of Asia Pacific.
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The weakness of communication along the capital markets chain is one reason why so little progress has been made on greening the economy.
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The Covid-19 outbreak has spurred at least one change for the better. Five banks have established dedicated ESG teams since the start of the pandemic to meet demand from clients committed to being more conscientious, writes David Rothnie.
