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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
The Americas derivatives community came together in New York to recognise and celebrate outstanding achievements across the industry
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  • Layoffs at investment banks in Asia spiked in the first quarter, accounting for 18% of global staff reductions at the institutions, compared with 8% in 2011, according to Coalition Headunters, the London-based research firm.
  • The Basel Committee on Banking Supervision has issued regulations that will make it more difficult for banks to book unrealized games on some derivatives to meet core Tier 1 capital ratio.
  • JPMorgan Chase has named Rayan Fayez as head of investment banking in Saudi Arabia. Fayez previously was head of investment banking and ceo at Goldman Sachs in the country.
  • Huntington Asset Advisors has debuted its US Equity Rotation Strategy ETF, its second actively managed exchange traded fund.
  • Piper Jaffray is closing its money-losing investment banking operations in Hong Kong in September.
  • Boston-based law firm Edwards Wildman has appointed Matthew McTygue as co-chair of its debt finance and capital markets group with James Rubens.