People & Markets - All Articles

  • Société Générale quits UK sovereign market making

    Société Générale has become the latest big name bank to pull back from a government’s bond business, after it resigned as a Gilt-edged market maker for the UK Debt Management Office on Friday.

    • 29 Jan 2016
  • GB Principles circle closer to green definition

    Two new working groups of the Green Bond Principles will begin work next week, on defining greenness and on impact reporting. The move is part of the green bond market’s effort to define itself more clearly, partly in the hope that governments might ultimately subsidise it.

    • 28 Jan 2016
  • MPS I love you! Italy’s shock dealer ranking

    Monte dei Paschi di Siena may be the ugly sister of Italian banks for investors, but it’s the Italian sovereign’s favourite son when it comes to primary dealerships.

    • 28 Jan 2016
  • Gilt market makers bemoan regulation costs

    Banks have raised concerns with the UK Debt Management Office over the impact that increased regulation is having on their ability to make markets, adding to a crescendo of concern about liquidity provision in government bond markets worldwide.

    • 27 Jan 2016
  • The lowdown: Panda bonds

    Panda bonds were thrust back into the limelight when the market was reopened by China in 2015 with many high profile issuers lining up to sell deals. But what are Panda bonds and why should you care? Here’s GlobalRMB’s quick guide to all you need to know.

    • 27 Jan 2016
  • UK agency strengthens team with four hires

    The UK Municipal Bonds Agency has made four non-executive appointments at the board level.

    • 25 Jan 2016
  • Stan Chart promotes capital markets pair

    Standard Chartered Bank has made two promotions — crowning a new head of capital markets for Americas and Europe and a new head of European syndicate.

    • 11 Jan 2016
  • Mandates questioned in trading probe fallout

    As news of the UK and US investigation into SSA market trading practices broke, the SSA market split over whether the banks at the heart of the probe would lose primary business.

    • 07 Jan 2016
  • 'Forced competition' to generate trading flow under fire for fomenting SSA scandal

    In the wake of the news that four traders at different banks were under investigation by US and UK authorities over possible sharing of client flow information, senior bankers were quick to blame the structures of the market, and pressure from issuers focused on turnover statistics, for making it possible.

    • 07 Jan 2016
  • Scandal rocks SSA market

    Investigators are finally baring their teeth at the bond markets, after dozens of other post-crisis scandals, with a probe into the supranational and agency market that has engulfed four banks.

    • 07 Jan 2016
  • South Korea gains another lift as Moody’s hikes rating

    Three months after South Korea became fully double-A rated for the first time, the sovereign received another boost when Moody’s hiked its rating by one notch to Aa2 in December.

    • 07 Jan 2016
  • Dehydrated bond markets face up to life without liquidity

    Worries about bond market liquidity went from specialist interest to global best-seller in 2015. The Bank of England and the Federal Reserve published extensively on liquidity problems in bonds; European politicians lost their appetite for regulation, fearful about doing further damage to the frail but crucial animal spirits of the bond markets. But the last year saw precious little done to solve the problem. Owen Sanderson asks whether 2016 will be better.

    • 06 Jan 2016
  • Blockchain: wisdom of crowds begins in blind competition

    Blockchain, the technology underlying bitcoin, is coming to a back office, and clearing house, and bank, and front office near you. Instead of one authority keeping records, everyone will. That’s the idea, anyway, of a wave of start-ups rushing to build workable applications. How will clarity emerge from this ferment, and just how will it change the business of capital markets? Jon Hay reports.

    • 06 Jan 2016
  • Mizuho syndicate banker on the loose

    A member of Mizuho International’s bond syndicate team has left the firm.

    • 06 Jan 2016
  • IADB appoints García as new treasurer

    The Inter-American Development Bank has appointed a new treasurer, Francisco Ramón Ruiz García, who is to start the role on April 1.

    • 04 Jan 2016
  • FIG and SSA DCM head leaves Natixis

    The global head of debt capital markets for financial institutions and public sector issuers at Natixis has left the bank.

    • 04 Jan 2016