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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
Japanese firm plucks banker from UBS
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John Cridland, director-general of U.K. business group CBI, has called on the British government to introduce legislation that would protect from litigation those banks that have allegedly been involved in manipulating the London interbank offered rate, a recommendation that observers have called “extraordinary.”
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Credit Suisse does not intend to follow UBS in exiting fixed income, according to Urs Rohner, its chairman, citing a stronger market position in the sector than its Swiss rival.
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Yet-to-be named officials of the U.K. Financial Services Authority have been ordered to appear next month before a Parliamentary panel investing banks over their mis-selling of derivatives to small businesses and the FSA’s agreements with banks following the scandal.
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Cantor Fitzgerald has hired Charles Sweeney as managing director and co-head of U.S. cash equity trading with Bart Leohner.
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Nasdaq OMQ has appointed Manny Santayana to succeed Stacey Cunningham as head of U.S. equities trading sales.
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