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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
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The UK government has lent its voice to the growing current of international opinion that expansive monetary policy has gone far enough, and may even be harming growth. Britain is set to embark on a fiscal stimulus, likely to be welcomed by financial markets.
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A former managing director at New York Life Investment Management in London has left his job to go back to study at university.
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Siong Ooi, who until recently was head of the Asia Pacific syndicated and leveraged finance unit at Bank of America Merrill Lynch (BAML), is understood to be heading to Bank of Tokyo-Mitsubishi UFJ (BTMU) in December, according to multiple sources.
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Syndicated loans are becoming a focal point of firms looking to demonstrate the power of blockchain, or distributed ledger technology, with different initiatives ramping up and competing to solve the problem of lengthy settlement times in the private debt market.
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A loans distribution banker has joined the syndicated finance team of DBS in Hong Kong.
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A veteran loans banker most recently with Bank of America Merrill Lynch is tipped for a senior role at Bank of Tokyo-Mitsubishi UFJ.