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Hatzinger had been Agricole's head of loans for Dach
Investment bank, like the group, wants to diversify outside France, and will lead with its strongest suit, real assets
Demand to invest in the low carbon transition is growing fast, but strategies are very diverse
Recruitments in sales and origination are separate but intended to build debt franchise
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The greening of the banking sector is only skin deep, research published on Monday indicates. Analysis of 58 of the world’s biggest banks shows they are spending more time thinking about climate change, but few have tried to stop financing it, or even talk to clients about how they could improve.
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Citigroup is forming a new EMEA sustainable banking team and has hired a senior sustainable banking expert who had spent two years away from the firm, working for a supranational.
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Two ex-Citigroup debt bankers who had led MUFG’s attempt to climb up the fixed income league tables are no longer in their roles at the bank and will be leaving.
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ING has appointed Martjin Bruins as global lead of its structured acquisition finance unit, alongside his existing role as head of the unit in London for origination.
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National Bank of Bahrain has made a bid to buy a majority stake in Bahrain Islamic Bank, of which it already owns 29%. The move is the latest in a seemingly endless round of consolidation between Gulf banks, driven by the effort to become more competitive in what many have called an oversaturated banking market.
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A slump in big deals and a quest for fee growth is pushing the big banks into mid-market M&A to an extent that has not been witnessed before, writes David Rothnie.