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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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Professional services firm Alvarez & Marsal has hired a senior figure from Deloitte to help grow its debt advisory business in European private credit. -
Société Générale said on Monday that planned "adjustments and optimisations" should lead to a net reduction of around 640 posts in France, as it changes its structured products business and mulls altering securities services too.
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Weather prophets in Europe’s capital markets can feel a chill coming — banks’ loan books may wither on the vine. A few people — and firms — will be in their element.
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Asia’s capital markets started on a positive note on Monday following Joe Biden’s presidential election victory in the US.
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UBS has tapped Uday Odedra as its new India country head, effective next year.
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In this round-up, China’s financial system gives up Rmb1.25tr ($190bn) in profits to support the real economy, the central bank releases its annual financial stability report, and the country’s foreign exchange reserves by the end of October miss forecast.
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