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Structure could be copied as flood risk rises due to global warming
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FIG rainmaker Andrea Orcel is stepping back into the limelight as UniCredit chief executive, just as momentum is building for large-scale banking consolidation. He has an array of M&A options, but will he be shy in pulling the trigger? David Rothnie reports. -
The European Commission has this week invited stakeholders to contribute to a review of the EU’s crisis management framework. It is hoping to be able to fix a number of issues relating to the Banking Union, with a particular focus on reaching agreement on a common system of deposit insurance (EDIS).
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UBS, the first major European investment bank to report fourth quarter results, smashed through expectations in global banking, with that part of its business benefiting from equity capital markets revenue more than doubling year-on-year.
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The European Commission is looking to fast-stream work on reforming the EU’s crisis management framework this year, given the lack of political consensus on other issues relating to the Banking Union.
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Mark Soriano joins Natixis — Deutsche's Frazer Ross is taking a sabbatical — Fidelity hires private credit team
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Natixis has hired Mark Soriano, formerly at Barclays, for its capital structure and rating advisory team.
