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I thought the grass would be greener in fintech land, but it’s patchy and dreary
Years of underperformance are behind it and the bank has launched a new growth plan
Equity market bodies try to pre-empt regulator's July consultation and consolidated tape decision
Why should I expose myself to embarrassment and legal risk?
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  • The UK Financial Conduct Authority has issued a decision against three funds that it has found to be in breach of competition law, for sharing price thoughts with each other during an IPO process.
  • Morgan Stanley has named Magnus Andersson as the co-head of ECM for Asia Pacific. His predecessor, Mille Cheng, has become vice chairman of Asia Pacific global capital markets.
  • Société Générale has put six of its London-based equity capital markets bankers "at risk" as the French bank looks to streamline its business by consolidating it in Paris.
  • Equity capital markets bankers are working on a greater number of private capital deals, such as financial technology firm iwoca’s recent fundraising, offsetting lower volumes in the public markets.
  • Credit Suisse’s fourth quarter results showed damage from the high yield and leveraged finance market’s tantrum in the last quarter of 2018. The bank was also hit by a Canada Goose block trade gone wrong.
  • Santander hires European ABS trading head – Créd Ag shuffles CIB – Liquidnet appoints president