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  Banks set for €50bn asset sale

  European banks that took state aid during the financial crisis could raise more than €50bn ($68bn) in asset disposals over the next four years to comply with European Commission demands, according to analysis prepared for Financial News.

  Investment Banking

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  Lazard finance chief Castellano to retire in a year

  Chief financial officer Michael Castellano will retire in a year, to be succeeded by Matthieu Bucaille, a Lazard executive in Paris.

  Investment Banking - People

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  Chenevix-Trench re-emerges at African investment company

  Jonathan Chenevix-Trench, the former chairman and chief executive of Morgan Stanley International, has emerged at an investment company focused on sub-Saharan Africa.

  Investment Banking - People

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  Cash equities battlelines redrawn post-crisis

  • Icap drops Europe and Asia cash-equities operations

  • Icap casts shadow over agency equity brokers

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  BlackRock pays out after investing in the wrong kind of gilt

  Asset Management

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  PE-backed lender acquires UK credit cards from Citi

  Private Equity - Deals

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  Banks and lawyers form philanthropic group

  Asset Management - Wealth

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  LSE and Chi-X Europe set for showdown

  Trading & Technology

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  Buyout firms expect rise in portfolio values

  Private Equity

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  Axa trading head joins SmartPool board

  Trading & Technology - People

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  Consultants pile on pressure over fees

  Asset Management

  • Investors force reduction in asset management fees

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  Heard on the Street: Private equity's long lasting hangover

  Private Equity

From the paper 22 Mar 2010

• Fund managers call for compulsory pensions

• Schroders’ head of sales to join Barings

• Morgan Stanley set to continue hiring

• Och-Ziff hires senior salesman from Stark

• Alvarez & Marsal goes in search of healthy firms

Asset Management

• Top US corporates offer safer bet than Treasuries

• Investors back second-generation hedge fund managers

• Profile Martin Gilbert: Dealmaker refocuses on paying debts

• More

Investment Banking

• Senior bank debt status under threat

• German government wants tax on banks to cover future bailouts

• Profile: Citigroup’s Robert Swannell bows out

• More

Private Equity

• Cinven plays down Hewitt relationship

• Alvarez & Marsal sets sights on healthy firms

• KKR flotation takes it back to the future

• More

Trading & Technology

• Securities and Exchange Commission looks at US equity market reforms

• Mifid forces change to post-trade models

• Japan and Australia lead the Asia-Pacific field for alternative trading venues

• More

Press digest