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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
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New contracts cannot yet be traded in US
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  • Malaysia’s CIMB Bank is expanding its investment-banking business with the hiring of an additional staffers after acquiring the bulk of the Asian cash equities and investment-banking business from the Royal Bank of Scotland in April.
  • The European Securities and Markets Authority has published a question-and-answer document that addresses the implementation of regulation on short-selling and certain aspects of credit default swaps, which take effect Nov. 1.
  • The U.S. Securities and Exchange Commission is considering extending to large brokers and dark pools a proposed regulation to assure they have adequate technology after recent the recent software malfunction at Knight Capital Group.
  • Société Générale Corporate & Investment Banking has appointed Ilya Polyakov as head of coverage and investment banking for Russia and Commonwealth of Independent States, effective Oct. 1.
  • Nomura Holdings has appointed Samir Patel and Michael Rietbrock to succeed Ciaran O’Kelly as co-heads of American equities.
  • More than 60% of the largest U.S. structured notes issued in 2012 allow investors to use leverage to boost returns, up from 40% a year ago, according to Bloomberg figures.