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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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  • Lloyds has combined its corporate DCM and financial institutions DCM operations in a single division, run by David Carmalt, former head of financial institutions DCM. Guillaume Fleuti, who headed corporate DCM, will run a new combined infrastructure group at the bank.
  • New technologies are marching into the securities issuance process. This week came bids to shake up two very different kinds of private debt — traditional corporate Schuldscheine and funky structured notes.
  • Amy Tan has been promoted to head of debt capital markets origination for Asia ex-Japan at JP Morgan, effective immediately.
  • A breach of reporting covenants on a €350m 2022 bond of Vieo, the company that owns the low cost mobile telecoms provider Lebara, has left the Nordic high yield bond market soul searching.
  • Brussels has moved even faster than green finance experts hoped to bring forward its Sustainable Finance Action Plan, a document stuffed with measures to change the way financial markets operate and make them better fitted for the fight against climate change.
  • SRI
    The European Commission’s Sustainable Finance Action Plan, announced on March 8, involves no less than 10 different workstreams, covering a wide range of the ideas put forward by the High Level Expert Group on Sustainable Finance, which held a one year inquiry for the European Commission during 2017.