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Sustainable finance chief leaves Nomura for opportunity in fast-growing region enthusiastic to cut emissions
Integrating banking and securities units intended to support growth
Hire in line with firm’s commitment to sustainability
New posts meant to strengthen cross-business ties
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  • Chinese banks are beefing up their loans business in southeast Asia, with Bank of Communications (BoCom) becoming the latest firm to set its sights on further expansion. While Mainland lenders are more active in the region than before, there are challenges to their growth, writes Pan Yue.
  • It was set of gruelling results for Deutsche Bank’s corporate and investment bank on Wednesday, with revenues from debt underwriting, equity underwriting, advisory and equity trading all underperforming peers that have already posted figures. Meanwhile, the group as a whole recorded substantial charges from its restructuring plans but said this would not impact its capital ratio much.
  • ANZ's Paul Brickell has transferred to the bank’s loan syndications team as a director, according to a source close to the situation.
  • China Citic International Bank’s Crystal So has joined Shanghai Pudong Development Bank to lead its loan syndication team, according to a source close to the move.
  • Loans banker Sherwin Wong has left Bank of America, according to a source close to the move.
  • Leaders of the big US investment banks were cautiously optimistic about upcoming investment banking activity, despite a poor second quarter across their capital markets divisions.