Banks

JP Morgan has overhauled its European management team as it places its oldest franchise at the heart of a push to boost its UK M&A business.

It does not make sense for the UK Debt Management Office (DMO) to change its index for inflation linked bonds before the government has decided on its preferred measure of inflation, said market participants, responding to a report from the country’s politicians.

Société Générale announced Jean-François Grégoire’s new job as head of the global markets business unit on Thursday, replacing Frank Drouet. The bank is seeking to slim down the operations of the division.

The CEO and the chair of National Australia Bank will step down in the wake of a critical report into misconduct in the banking sector.

BNP Paribas (BNPP) this week reported major losses from derivatives trades after being hit by the sharp rise in capital markets volatility towards the end of 2018.

The roadshow for Uzbekistan’s debut dollar denominated 144A/Reg S benchmark started this week, but with only two of the three international banks originally picked for the mandate still present on it.

UniCredit has hired Richard Burton to lead its corporate and investment banking operations, alongside a host of other changes to its senior staff, as it looks towards a future strategy. On Thursday it revealed results welcomed by analysts.

On Thursday, Imperial Brands bucked the recent trend of ethical and sustainable corporate bond issuance, but found plenty of demand for its latest deal. The UK tobacco group had not accessed the bond market for more than two years.

Jefferies said on Thursday that it has appointed Tony White, one of a number of recent hires for its UK investment banking team.

Mashreqbank, the largest privately owned bank in the United Arab Emirates, is embarking on a roadshow to market a dollar benchmark five year fixed rate Reg S senior unsecured bond.

BBVA has announced the new leader of its global corporate and investment banking operations.

GlobalCapital revealed the winners of its 2018 Loan Awards at its annual Syndicated Loans and Leveraged Finance Awards Dinner at the Jumeirah Carlton Tower in London on February 6. The complete results are below. GlobalCapital congratulates all the winners and nominees.