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New role includes digital assets
Five months in, Alessandro Melzi is getting started on the plan, but his boss is about to change
Paul Gibbs among those departing the firm after long service
Head of capital markets and advisory leaves
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  • A move is under way to broaden the idea of Science-Based Targets — one of the most ambitious wings of the business world’s fight against climate change — to take in other ‘planetary boundaries’ such as fresh water and land.
  • Natixis will soon embark on an experiment that may be the first of its kind — introducing a green weighting factor to its internal economic capital model, to tilt incentives for its bankers in favour of green loans and away from ‘brown’ ones.
  • HSBC has hired Seok Kheng Yap, a former loans banker at Scotiabank, as an associate director in the loan syndications team.
  • David Zhu, a former loan syndications banker at Deutsche Bank, has joined ICBC International, GlobalCapital Asia understands.
  • Citi has named Prosenjit Saha as head of loan sales for ASEAN and India, a newly created position to boost the bank’s loan business in the regions.
  • Are professional codes of conduct shining lodestars for how to behave in financial markets — or dusty screeds of boilerplate that no one can remember? That is what a group of enthusiasts are trying to discover, in the hope that such codes, if used in the best way, could genuinely improve behaviour.