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Head of capital markets and advisory leaves
CLO market's software headache shows how fast technological progress can move prices
Hire comes from Ares
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Eagle Point Credit Management, a specialist asset manager focused on investing in CLO securities, has hired Nate Morse as its new head corporate trader. -
The former co-head of Bank of America Merrill Lynch's EMEA corporate and investment bank, Bob Elfring, has returned to banking in a vice-chair role at JP Morgan after retiring in 2018.
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Leaving investment banking to join the world of impact investing and environmental NGOs is not something people do lightly. But having made that move a decade ago, Keith Tuffley has been tempted back, to help shape the response of Citigroup’s investment bank to the accelerating rise of sustainability.
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DBS Securities (China) officially opened for business on Monday, as foreign banks continue to expand their presence in the mainland.
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HSBC has appointed David Liao and Surendra Rosha as co-chief executives for its Asia Pacific business, succeeding veteran banker Peter Wong.
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In this round-up, China’s exports and imports grow at slower-than-expected rates in May, financial institutions will be evaluated on their performance in supporting the economic development of rural China, and two Chinese financial conglomerates plan to set up financial holding companies.
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