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Bank bondholders should feel pretty good about the challenges facing the financial sector heading into the new decade. -
Credit Suisse has lost the talisman of its investment banking and capital markets (IBCM) division, James 'Jim' Amine, but says the unit is "absolutely core", writes David Rothnie.
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Olaf Scholz, Germany’s finance minister, was playing all of the right notes in his ode to the Banking Union this week. It is a shame they are still not in the right order.
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A year on from the botched appointment of Andrea Orcel as CEO, Santander is pressing ahead with the next phase of its investment banking strategy, writes David Rothnie.
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UniCredit’s search for a more efficient corporate structure shows how an incomplete Banking Union is beginning to weigh on pan-European financial institutions.
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Deutsche Bank is relying on a tight team of loyalists to revive its corporate finance ambitions, writes David Rothnie.
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The recent bond market sell-off has provided an opportune window for issuers to bring positive yielding deals, boosting demand for SSAs and covered bonds. It’s difficult to imagine this move will prove anything other than temporary, suggesting hesitant issuers should seize the opportunity before it disappears.
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A year on from being appointed chief executive, David Solomon is calling for patience in remodelling Goldman Sachs around new growth avenues. But there is much to admire on his first anniversary, writes David Rothnie.
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The Bank of England should extend Libor beyond its set date of 2021 — or risk financial institutions setting their own rules.
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The European Central Bank’s (ECB) decision to introduce tiered deposit rates means that €800bn of cash held at the central bank will pay a higher interest rate than most covered bonds. This is not bad news for spreads — it just sounds like it is.
