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CEB plans to print more structured notes and may launch inaugural Sofr bond in 2026
Japanese firm plucks banker from UBS
The Americas derivatives community came together in New York to recognise and celebrate outstanding achievements across the industry
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The Reserve Bank of India has relaxed regulations so that banks may now partly or fully terminate derivatives before maturity without treating that activity as a restructuring.
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Adam Cordery has left as head of European and U.K. credit at Schroders, and will be succeeded by Patrick Vogel from Legal and General in August.
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George Bory has departed as UBS global head of credit strategy amid the bank’s efforts to reduce its investment bank staff by half.
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Barclays has named Anthony Salz, an attorney and former investment banker, to conduct a thorough review of the bank’s culture following the scandal involving alleged manipulation of the London interbank offered rate.
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India’s National Stock Exchange has dropped 51 stocks from its futures and options segment after regulators revised eligibility criteria.
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Banks that engage in proprietary trading should not benefit from a government backstop, according to Federal Reserve Governor Sarah Raskin, who said in a speech she views “proprietary trading as an activity of low or no real economic value.”