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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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Pramod Kumar is said to have left his position as managing director at Citigroup India’s investment banking unit to join rival Barclays Capital.
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Credit Suisse is looking at setting up a cash and derivatives inflation trading desk in Singapore within a year in response to global investor demand for the high yields in that market.
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Nomura is considering launching a click ’n trade platform for structured products, an electronic interface that allows private banks and securities firms to input preferences for a structured product and get a price.
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Regulators and industry officials should collaborate to create global identifiers for over-the-counter derivatives counterparties and an international product classification system, according to a consultative report by the Committee on Payment and Settlement Systems and the Technical Committee of the International Organization of Securities Commissions.
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Law firm Clifford Chance has expanded its derivatives and structured finance practice in Australia, hiring a former professional away from HSBC.
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A U.S. bank picked up approximately USD350 million in risk reversals on the U.S. dollar/Japanese yen cross maturing in two years this morning, likely in preparation for the signal of a third round of quantitative easing by the Federal Reserve this Friday at its annual symposium in Jackson Hole, Wyo.