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◆ Public sector issuers embrace hedge fund bid... ◆ ... as they flex in the swap market ◆ Car makers welcomed back to bond market
CEB plans to print more structured notes and may launch inaugural Sofr bond in 2026
SSA
New contracts cannot yet be traded in US
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  • FIG
    A global trade repository for all securities lending transactions is part of the Financial Stability Board’s plans to overhaul shadow banking. There would be knock-on benefits for the industry too.
  • BNP Paribas analysts are seeing value in short-dated sector directional options, given the numerous macro risks that could disrupt markets.
  • Barclays has appointed Richard Taylor to succeed Tom King as head of investment banking for Europe, the Middle East and Africa.
  • BNP Paribas Corporate & Investment Banking has expanded its high-yield and loan teams in the U.S. and Europe.
  • Deutsche Bank has combined fixed-income and fx in a fixed income and currencies unit headed by Zar Amrolia and Wayne Felson.
  • Lord Adair Turner, the outgoing head of the U.K.’s Financial Services Authority, testified before the Parliamentary Commission on Banking Standards that banking reform should include “hard ring-fencing” on banks to protect them from possible future collapse.