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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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  • Société Générale Corporate & Investment Banking has appointed longtime veteran Raphael Cheminat to succeed the departed Charles Pierron as chief country officer for South Korea.
  • Itau BBA Securities has hired Alejandro Luciano, a credit research associate from Credit Suisse, as v.p. of emerging market credit trader based in New York.
  • Mark Azoulay, a senior equity derivatives trader at UBS in London, has left the firm to focus on his role as partner and cfo at Cape Management Global, a real estate investment manager based in Miami, Fla., that he co-founded in 2008.
  • Diana Place has joined Crédit Agricole Corporate and Investment Bank in London as director of emerging market fixed income sales.
  • Europe’s politicians have not dared to formulate a viable rescue mechanism for the euro. The European Central Bank’s Mario Draghi has now done it for them, ending the phase of can-kicking. Whether Europe is strong enough to hold together remains unclear, but at least the decision can no longer be deferred.
  • When does guidance stop being guidance? That's the question on some bankers' minds in the wake of this week's deal for Gazprom Neft.