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The future growth of Islamic finance is under threat if better education standards are not implemented, say practitioners, with a recent survey pointing to a critical skills gap in the industry. -
HSBC has boosted the importance of its public sector banking business, making it a separate sector within the global banking group, SSA Markets understands. It has promoted the group’s head, Allegra Berman, to report directly to the global head of banking.
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Kira Bazile, ex-managing director at BTIG in New York, has joined alternative asset manager North Street Global as a president, also based in New York.
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Natixis has promoted three senior bankers in New York and London in its fixed income and global structured credit and solutions teams.
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Industry veteran and career DBS banker Eric Ang has stepped down as head of capital markets, to be succeeded by Eng-Kwok Seat Moey, who has been acting as his deputy since March last year. The appointment will become effective on June 1.
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BNP Paribas has made three internal hires to its Asia Pacific cash equity business, plugging the gap left by several senior departures last month.
