Environmental, social and governance issues, or ESG, is a hot topic in asset management, with an increasing number of institutional investors like pension funds and endowments keen to burnish their credentials as conscientious long-term investors.
Davidson, who has been with MUFG since 2012, will be responsible for growing a global team of bankers that focus on deepening existing relationships and increasing the group’s roster of technology clients
The firm has become more selective when asked to advise potentially thorny deals, and it's easing off certain overseas markets, they said.
“Innovation is deeply embedded in Morgan Stanley’s DNA and crucial to driving our business forward,” said Robert Rooney, Morgan Stanley’s Global Head of Technology."
The Middle East and Africa’s biggest private equity fund, which denies any wrongdoing, has been seeking a buyer for the unit as it tries to alleviate pressure from investors and creditors.
“Citi is proud to be appointed by YY as depositary bank for its ADR program,” said Dirk Jones, Head of Global Issuer Services at Citi
"This transaction also aligns to Scotiabank's broader international strategy to increase scale in the Pacific Alliance economies of Mexico, Peru, Chile and Colombia."