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Fahy will also lead asset-based finance origination
Hire comes from law firm, Mayer Brown, where he was also a partner
Sustainable finance chief leaves Nomura for opportunity in fast-growing region enthusiastic to cut emissions
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CVC Capital Partners has hired Tomas Ekman as a partner in its Stockholm office.
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Goldman Sachs has promoted three members of the EMEA leveraged finance group to partner, as well as syndicate veteran Jonathan Fine, now working on US investment grade.
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Intesa’s corporate and investment banking arm, Banca IMI announced third quarter profit of €58.5m on Monday, nearly half the €119.7m it reported in Q3 2013, driven down by high operating costs.
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Veteran loans banker David Kempton has taken early retirement from his role at Standard Chartered Bank, where he has been employed since the last 35 years.
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Higher costs and provisions around retail business in Ukraine and Italy as well as litigation has meant that analyst predictions for Credit Agricole’s third quarter results have proved too optimistic. But the French bank’s profits rose 25.8% from the same period last year to €967m, while it is up 2% for the first nine months of its financial year with profits of €2.4bn.
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Regulators are stepping up their oversight of Taiwan bank exposure to China, with both Taiwan’s Financial Supervisory Commission (FSC) and the Hong Kong Monetary Authority launching investigations.