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Ex-Crédit Agricole banker to be based in Paris
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
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  • The Spac craze that has swept US stock markets has spread to Europe with a new vehicle called Pegasus set to be listed in Amsterdam. The Spac is led by former UniCredit CEO Jean-Pierre Mustier, LVMH founder Bernard Arnault and Tikehau Capital and is expected to prompt a wave of new issuance, according to sources speaking to GlobalCapital.
  • It's a new start for Natixis, and also for ex-Labour Party leadership contender Chuka Umunna.
  • HSBC’s CEO Noel Quinn is expected to announce a new leader for its sustainability agenda soon, as Daniel Klier is leaving to join Arabesque, an asset manager and technology company.
  • This week in Keeping Tabs: an opportunity for the UK's finance sector after Brexit, and an argument for why you shouldn't worry about the stock market.
  • Kirshlen Moodley, formerly a member of JP Morgan's UK M&A team, has joined BNP Paribas.
  • Hoist Finance is, unlike most of its competitors, a bank that is hoovering up non-performing assets, at a time when banking supervisors are laser-focused on cutting European bank exposures to those very same assets. That should be a problem for Hoist, whose whole business is based around purchasing NPL portfolios from other banks, but it’s a problem which it has been able to solve using securitization.
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