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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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Marcel Göldner has been picked as the successor to Andreas Petrie, the retiring head of primary markets at Helaba.
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Government debt management offices are facing a new experience: bond investors enquiring about their countries’ environmental, social and governance attributes.
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A possible delay to the final retirement of Libor as the benchmark lending rate on dollar loans is set to offer banks and borrowers a bit more breathing room to make the transition. But in Asia, loan market participants have largely shrugged at news, deciding to press ahead with their plans for a post-Libor world.
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Institutional investors are on the verge of a huge opportunity in private debt, as assets migrate out of the banking system, according to Thierry Adant, who joined Newmarket Capital this week as its chief investment officer.
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US direct lender Owl Rock has hired its first employee in London, as it seeks to develop its business in Europe.
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The resignation of Jean Pierre Mustier as group CEO on Monday night has laid bare deep fissures between the senior management of UniCredit, which has been focused on serving the interests of shareholders, and members of its board, which want to reposition the bank as a servant of the Italian economy.