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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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  • The European Commission’s expert panel have a suggested a “common roadmap” which will require European member states to change their national laws to push capital markets union (CMU) forward, in a report published on Monday.
  • Shareholders and bondholders should pressurise banks to clean up their acts on climate change, sustainable finance experts said this week.
  • The Bank of England plans to start later this year examining more closely the banking sector’s exposure to risk from climate change. That means banks will have to start telling the regulator more about the risks they face and how they manage them.
  • Commerzbank has chosen a new head of its UK corporate banking operation and a new head of international loan origination as part of a reshuffle of senior bankers.
  • Cathay United Bank has hired a senior banker from DBS to helm its corporate banking operations in Hong Kong.
  • HSBC is overhauling the leadership of its leveraged and acquisition finance and sponsor coverage teams in Asia Pacific, with some senior changes taking place this week. While sources emphasised this does not signify a retreat, the moves have put a focus on what some consider a somewhat “static” job market for acquisition and leveraged finance in the region. Shruti Chaturvedi reports.