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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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Amélie Négrier-Oyarzabal has joined Greenhill & Co as head of France, and will lead the opening of a Paris office.
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Compared with last year, employees at BNP Paribas and Société Générale are more disapproving of their chief executives and less optimistic on the outlook for their firms over the next six months, according to analysis carried out by UBS.
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European and US banks are facing pressure to become more diverse, for reasons of business and ethics. One senior investment banker at UniCredit, which has implemented a far-reaching initiative in the area, said that the logic is clear.
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Nordic broker Pareto Securities is looking to capitalise on the growth of the Schuldschein market and the instrument’s increasing popularity in its native region by advising and arranging transactions itself. But some traditional market players fear the Oslo-based firm’s association with high yield borrowers is a cause for concern. Silas Brown investigates.
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After a bruising 12 months, Germany’s oldest bank Berenberg remains committed to a patient development of its corporate finance business, Dave Mortlock, global head of investment banking, tells David Rothnie.
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François Jourdain is joining Deutsche Bank as head of treasury markets and investments.