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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
Hire comes from Ares
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Marguerite Bérard-Andrieu is leaving BPCE, having been chief executive for a year and a half. The bank's board has appointed François Riahi to replace her, from the new year. -
Three bankers' jobs are understood to be at risk at Rabobank in London, including one experienced loans banker.
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The European Banking Authority (EBA) has published a template that banks can use to document non-performing loans as part of its action plan to tackle the problem in Europe. However, sources say that Southern European banks will need more than just a market standard.
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Mitsubishi UFJ Financial Group has appointed Alice Gastaldi to its leveraged finance division, the bank said on Thursday. She had been working at UniCredit for almost eight years.
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The European Investment Bank proposed today to European finance ministers to set up a new subsidiary, open to new shareholders, other than the EIB's existing owners, the European Union member states.
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Yes Bank has dipped its toes into the Japanese Samurai loan market for the first time to raise ¥16.5bn ($150m), placing it among a handful of Indian firms that have tapped into yen liquidity. The move could inspire other Indian financial institutions to follow — provided the pricing advantage holds. John Loh reports.
