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Sustainable finance chief leaves Nomura for opportunity in fast-growing region enthusiastic to cut emissions
Integrating banking and securities units intended to support growth
Hire in line with firm’s commitment to sustainability
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David Miller has become the new chief executive of Credit Suisse’s investment banking and capital markets (IBCM) unit, replacing James Amine.
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The greening of the banking sector is only skin deep, research published on Monday indicates. Analysis of 58 of the world’s biggest banks shows they are spending more time thinking about climate change, but few have tried to stop financing it, or even talk to clients about how they could improve.
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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.
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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.