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Case against power company dismissed but NGOs believe precedent for action has been established
Keen bid for banking talent from other institutions
Pair quit in Dubai after string of DCM departures
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Bank of America has set up an EMEA ESG strategic council chaired and led by three senior investment bankers, to intensify its effort to reduce its carbon footprint and manage its climate risks.
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JP Morgan has reorganized its leveraged finance capital markets operations in EMEA, with Todd Rothman and David De Boltz having relocated from London to New York.
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Crédit Agricole has named Ravi Nichani as head of acquisition finance and advisory for Asia Pacific, and leveraged and telecom finance group for Asia, effective in August.
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Two senior leveraged finance lawyers have switched firms from White & Case to Allen & Overy in New York, following Jake Mincemoyer, who joined A&O as head of US levfin in February.
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The Asia Pacific Loan Market Association, a trade body, has appointed Pedro Cheung as its new chairman.
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Companies with highly structured financial arrangements involving a combination of secured bonds and loans face a particularly arduous second half of the year as they grapple with the transition away from Libor.