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Allowing machines to process loan information on a single standard would increase resilience, streamline workflows and support AI
Big name moves to senior job at rival firm
Frédéric Despagne will also lead equity and derivatives sales across EMEA
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Happy New Year to all Notebook readers! Although frankly, the lockdown restrictions, US democratic backsliding and unflappable markets make it feel like we never left 2020 behind. -
UBS has appointed Axel Granger as head of M&A and head of financial sponsors for southeast Asia, a newly created position at the bank.
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In this round-up, consumer inflation in China turns positive in December, Beijing announces rules to protect Chinese companies from sanctions of foreign governments, and the banking and insurance regulator hands a Rmb200m ($30.1m) fine to financial institutions including China Development Bank and Industrial and Commercial Bank of China.
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Shareholders in HSBC have filed a motion calling on it to live up to its reputation for sustainable finance by setting targets to reduce fossil fuel financing — an area where investors argue HSBC lags behind some of its rivals.
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This week in Keeping Tabs: US Capitol invaded but economic growth projections up, the UK's 12 week policy on vaccines, and insolvency in Europe.
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Rothschild is bolstering its global equity advisory business with two senior hires to work on secondary trading of private equity investments.
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