Placement power the key to mandates

The World Bank remains the leading name in the public sector bond markets and winning one of its mandates is the crowning glory for any bank serious about its primary bond business. In this interview, the Bank’s George Richardson, head of capital markets, and Heike Reichelt, head of investor relations, discuss with Toby Fildes, EuroWeek managing editor, the increase of issuance in their sector, liquidity for bigger issuers, the continuing debate over bankers, fees, and the development of socially responsible investment.