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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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Danske Bank’s new large corporates and institutions business, headed by Berit Behring, took effect on Monday, with three global client-facing divisions. Loans — grouped with primary and secondary equities and the advisory business — is in a different division from bonds.
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Cairn Capital, the alternative credit asset management firm in which Mediobanca has a majority stake, has agreed a deal to buy and merge with Bybrook Capital. -
In a rare sign that environmental campaigners are having an impact on the financial industry, the burden of financing the Ecuadorian Amazon oil trade has shifted between banks in the past six months. But it is clear the banking industry is supporting the trade in more ways than have yet been uncovered.
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KKR has appointed a new partner to help manage its private credit business.
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Credit Suisse Asset Management (CSAM) has hired a head of origination in its direct lending group, following the firm's multi-billion push into private credit in partnership with Qatar Investment Authority.
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BNP Paribas has hired veteran banker Rahul Mundra to its loan syndication team in India.
