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New firm mine. aims to build 'institutional memory' for borrowers
When staff complain, they deserve a fair hearing, not a wall of silence
Syndicate and trading executives get wider responsibilities
Weak or half-hearted response to Greenland threats will leave markets crumbling
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  • There are more than $512bn worth of bonds that will need to switch to an alternative reference rate if global regulators execute plans to ditch the Libor benchmark by the end of 2021, Linklaters said on Wednesday. GlobalCapital asked the law firm what needs to happen for a successful switchover.
  • Société Générale has made two appointments in its corporate banking teams; one in London, one in Paris.
  • MUFG has put in place a new management structure, which sees a number of its businesses run globally but from outside Japan. The bank has also crowned several regional and deputy regional heads.
  • The International Finance Corp will launch next week at the World Bank/IMF annual meetings in Bali a set of Operating Principles for Impact Management, which are designed to complement the framework for analysing impact produced by the Impact Management Project.
  • HSBC said on Thursday that it had strengthened its infrastructure and real estate team, hiring six bankers externally and making five internal appointments.
  • SRI
    When celebrated investor Bill Gross said that 'bonds, like men, are in a bear market,' he was on to more than he might have realised.