GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Bank is cutting 230 MDs and directors globally
Twenty-two raised in Americas
Case against power company dismissed but NGOs believe precedent for action has been established
Keen bid for banking talent from other institutions
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  • Kunal Gandhi, the head of corporate broking at Barclays, has left the bank, GlobalCapital understands.
  • Matteo Ferrario is joining MUFG from Barclays, where he led the asset finance origination unit. He will be reunited with John Winter, who joined the Japanese bank earlier this year and will be his boss.
  • SRI
    The compromises made last week to reach political agreement on the European Union’s Taxonomy of Sustainable Economic Activities were beginning to become clearer, before the surprise rejection of the deal by France and some east European countries on Wednesday threw the issue up in the air again.
  • HSBC has picked Georges Elhedery and Greg Guyett as co-heads of its global banking and markets (GBM) division, replacing Samir Assaf, who has been handed a new role as chair of corporate and institutional banking.
  • SRI
    The European Union has reached preliminary political agreement on the law that will introduce its Taxonomy of Sustainable Economic Activities. The news was hailed as a triumph by green finance specialists, though there is still a risk of battles to come.
  • Houlihan Lokey’s European corporate finance land grab has made its fifth acquisition since 2014, writes David Rothnie, at a time when the fluctuations of the credit cycle may be about to lead to more restructurings.