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Artificial intelligence is changing the investment banking game. But banks are divided on whether to cut costs or try and win more deals
Ex-Crédit Agricole banker to be based in Paris
Édouard Sauce had been with the firm for almost a decade
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The European Commission’s plans to tackle the mountain of non-performing loans that are expected next year as government support schemes roll off have been criticised as unambitious. They have been dismissed as containing little beyond a review of proposals that have already been unveiled.
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This year proved to be one of the most dramatic on record for corporate financiers as volumes rose from the ashes of the market sell-off. David Rothnie examines some of the themes that defined the year and looks ahead to 2021.
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Credit Suisse has hired Deutsche Bank’s head of corporate broking to bolster its senior UK investment banking team.
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Market participants say there is a growing prospect of state aid for EU banks, after the European Commission drew attention to the rules around ‘precautionary recapitalisations’ again this week.
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HSBC rejigs IB team – LBBW builds up in Asia – MSCI ditches some Chinese stocks
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Brian Good, a veteran of leveraged finance investing and a key figure in implementing ESG factors in investing process, is set to leave First Eagle Alternative Credit in early January, according to people familiar with the matter. Good will remain an ESG consultant at the Boston-based credit manager.
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