Many banks are investing heavily in artificial intelligence and machine learning technologies, with a view to protecting their systems against criminal activity.
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Jana Hecker has become UniCredit’s global head of equity capital markets and Alexei Bolshakov has left Citi to join Russian brokerage BCS Global Markets where he will act as global head of equities.
The seventy-one countries who hold shares in the development bank that promotes private enterprise first in Central and Eastern Europe, and now much further abroad will choose the new president at their delayed annual meeting in October.
15 years since the G8 leaders wrote off debt for the poorest countries in Africa, there is a need for new debt suspension measures.
The European Commission is ramping up towards a €750bn Covid-19 recovery programme, effectively creating a huge new borrower in Europe’s sovereign, supranational and agency bond market.
Azerbaijani chemical company Socar Polymer printed a market-record size dollar bond on the domestic market over the summer, with bankers on the ground in the country now looking to attract international money.
Qatar Islamic Bank broke new ground in the Sharia-compliant market this year when it printed the first ever Sukuk in Taiwan’s Formosa market. The bank’s chief financial officer tells EMEA Finance that the deal is expected to open the way for more similar issuance.
While sub-Saharan Africa has been devastated by the coronavirus, some countries have been hit harder than others and the prospects for recovery across the continent are mixed.
Despite the disruptions wrought by Covid-19, Oramah begins his second five-year term optimistic about the implementation of AfCFTA.
North of US$350mn, the insect farming startup is Europe’s largest ever agtech firm fund raising, as the firm looks to produce animal protein more sustainably and with uses across the food supply chain.
Nigerian National Petroleum Corporation has shored up its finances with a US$1.5bn debt package, but mass domestic protests and an oil price that is well below the country’s breakeven level mean that the country’s oil sector faces a difficult period ahead.
Etihad Airways has printed the first ever transition Sukuk, with the national airline of the United Arab Emirates raising US$600mn as more issuers are expected to print similar deals.