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Édouard Sauce had been with the firm for almost a decade
As JP Morgan brings its Security and Resilience Initiative to Europe, Craig Coben uncovers what it takes to make such an effort pay off rather than fizzle out as a piece of flashy marketing
Tej Singh leaves firm suddenly
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The Senate voted to overturn the 'true lender' law, a rule which makes it easy for non-bank marketplace lenders to originate loans through banks. Though the rule is unlikely to be rescinded, the efforts to roll it back show that pressure will remain on marketplace lenders, as states challenge federal regulations that they see as infringing on their licensing and usury laws. -
Citi has added to its EMEA technology investment banking team with the hire of a managing director from Deutsche Bank.
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Bart Van Dooren, head of funding and investor relations at Bank Nederlandse Gemeenten, will be retiring in January.
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Commerzbank has outperformed expectations by reporting a net profit in the first quarter of the year — even accounting for a large restructuring charge — as the German lender trims its workforce and sharpens its focus on the domestic market and German clients.
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BCS Global Markets, the investment services division of Russia’s largest independent broker, has hired a new treasurer.
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UniCredit’s new chief executive Andrea Orcel has slimmed down the bank’s executive committee while recognising “frustration” and “confusion” around past decision making at the firm.
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