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  • Equity capital markets have been relentless since the first coronavirus rescue issues in the spring. There is no let-up, with several large deals announced in the past fortnight and scheduled to be priced in August. However, bankers are worried that tired investors are near breaking point.
  • The European Commission is looking to change its rules on research unbundling and other aspects of MiFID II to ease the post-coronavirus recovery in the EU. It is also set to present tweaks to rules on securitization and prospectuses.
  • Invesco changes fixed interest line-up — BofA makes Slowey equities head — NordLB hires two for DCM
  • Franck Lacour is taking over HSBC’s equities business, with Hossein Zaimi leaving the bank. In Hong Kong, Selene Chong will take on new responsibilities in the equities business.
  • Bank of America has appointed Martina Slowey as head of equities for Europe, the Middle East and Africa.
  • Singapore’s stock exchange and Nasdaq have extended a partnership for dual listings on the bourses with an agreement to co-operate on regulatory matters.