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Banks see talent flee amid healthcare M&A boom

2015-04-14 09:06:30| Biotech - Topix.net

Several high-ranking bankers have left their jobs at major investment banks in the last 13 months amid a surge in U.S. healthcare deal activity to seek better compensation at boutique investment banks as well as to participate in the growth of the industry at biotech companies themselves. JPMorgan Chase & Co and Bank of America have both lost senior healthcare investment bankers to boutique investment bank Guggenheim Partners, showing that banks face challenges in being able to pay competitive rates.

Tags: banks healthcare talent boom

 

Big banks dial back compensation for new CEOs

2015-04-13 21:59:20| Grocery - Topix.net

The CEOs now running Canada's biggest banks have lower overall compensation than their predecessors, a new study found. Canada's five big banks appear to be dialling back their compensation packages, according to a study from consultancy McDowall Associates.

Tags: back big compensation banks

 
 

VIDEO: African telecom firms take on banks

2015-04-10 16:58:58| BBC News | Business | UK Edition

Telecom companies in Africa are becoming major players in the banking business as the number of people across the continent using mobile phones continues to grow.

Tags: video african banks firms

 

Australian banks under pressure after French lenders rule out funding Galilee Basin coalmines

2015-04-09 09:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Australias banks have come under renewed pressure to not fund the countrys largest coal projects after three of Frances leading financial institutions ruled out providing capital for the developments. In response to questions from French climate activists, Société Générale, Crédit Agricole and BNP Paribas all said they will not be involved in proposed mines for the coal-rich Galilee Basin region of central Queensland. Letters from the banks rule out the mines, which include developments...

Tags: french pressure rule funding

 

Top development banks agree definition for climate finance

2015-04-09 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: Leading development banks have agreed on a set of definitions for climate finance, in what officials say is an important step ahead of a proposed UN climate change pact in Paris later this year. A set of Common Principles backed by the World Bank, International Development Finance Club (IDFC) and Agence Francaise de Developpment lists investments than can qualify as climate friendly. Released last week, the document outlines a range of efficiency, renewables and forestry projects that slow greenhouse...

Tags: top development finance agree

 

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