Top Stories

Credit Suisse equity capital markets veteran Stephane Gruffat is set to join Deutsche Bank, according to an internal memo seen by GlobalCapital.

Christina Cho is set to leave her job as co-head of sustainable finance capital markets for the Americas at BNP Paribas to join CIBC, where she will lead the bank’s dollar coverage of sovereigns, supranationals and agencies in North America.

Citi has promoted Ignacio Gutiérrez-Orrantia to head of EMEA banking, capital markets and advisory, replacing Phil Drury, who is relocating to San Francisco to oversee technology and communications investment banking.

Bart Van Dooren, head of funding and investor relations at Bank Nederlandse Gemeenten, will be retiring in January.

UniCredit’s new chief executive Andrea Orcel has slimmed down the bank’s executive committee while recognising “frustration” and “confusion” around past decision making at the firm.

Nomura has named Oliver Holt as head of debt syndicate for Asia ex-Japan, succeeding veteran banker Alister Moss, who is taking on a new position at the bank.

BNP Paribas has made two senior hires in European equity capital markets as part of its ambitious challenge to top the region’s league table positions.

Crédit Agricole has promoted four staffers to fill vacant and newly created positions in its debt capital markets leadership team, including global head of financial institutions DCM and head of European corporate DCM.

A $7bn equivalent nine-tranche bond issued by London Stock Exchange Group in March put the newest generation of bond documentation software through its paces. It was the first deal of its size and complexity to use one of the growing array of automation technology platforms.

Bank of America has hired a managing director from Goldman Sachs to help lead a new team in its UK investment banking division that aims to increase the bank’s coverage of private and emerging growth companies.

Emmanuel Regniez has left his position as head of France investment banking and coverage at Citi to take up a co-head role at Bank of America, as the latter beefs up its presence in the country.

The economic potential of renewable energy is awesome, and should make fossil fuels obsolete by 2050, according to a new study by Carbon Tracker. But despite the compelling cost arguments for renewables, an enormous political effort will still be needed to accelerate their adoption if disastrous climate change is to be avoided.