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Citigroup is forming a new EMEA sustainable banking team and has hired a senior sustainable banking expert who had spent two years away from the firm, working for a supranational. -
Two ex-Citigroup debt bankers who had led MUFG’s attempt to climb up the fixed income league tables are no longer in their roles at the bank and will be leaving.
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ING has appointed Martjin Bruins as global lead of its structured acquisition finance unit, alongside his existing role as head of the unit in London for origination.
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National Bank of Bahrain has made a bid to buy a majority stake in Bahrain Islamic Bank, of which it already owns 29%. The move is the latest in a seemingly endless round of consolidation between Gulf banks, driven by the effort to become more competitive in what many have called an oversaturated banking market.
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A slump in big deals and a quest for fee growth is pushing the big banks into mid-market M&A to an extent that has not been witnessed before, writes David Rothnie.
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BNP Paribas enjoyed a bumper increase in revenues from primary bond issues and fixed income trading in the last quarter, it revealed on Thursday.
