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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
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Weak or half-hearted response to Greenland threats will leave markets crumbling
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  • Euro private placement (Euro PP) transactions can be structured as loans or as bonds, depending on the preferences of both parties. But some smaller investors have withdrawn from the bond format, concerned that it brings them into the scope of MiFID II and of MAR, though market participants are hatching plans to bring them back.
  • Richard Gathercole has been appointed as a director in high yield sales at NatWest Markets, the capital markets division of Royal Bank of Scotland, where he has had several roles in speculative grade and distressed debt since 2007.
  • Howard Bamsey has stepped down as executive director of the Green Climate Fund with immediate effect, at the end of a four day board meeting described as "very difficult and disappointing" by the organisation's co-chairman.
  • The FICC Market Standards Board has released its final standard for conduct in new issue hedging, following a consultation launched in October last year.
  • The National Development and Reform Commission (NDRC), China’s offshore bond regulator, has described media reports claiming it would ban bonds with maturities of under one-year as “groundless”.
  • Friday marks one year since the launch of the Task Force on Climate-Related Financial Disclosure’s final guidelines — a blueprint for companies to report to investors how they are facing up to climate change.