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Hong Kong dollars continue to develop into a mainstream funding currency for SSAs
Ex-Crédit Agricole banker to be based in Paris
Édouard Sauce had been with the firm for almost a decade
Dollar and euro flow picks up in private placements
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UniCredit found a single investor willing to buy $3bn of its non-preferred senior notes at a coupon rate of 7.83% this week, as the bank pulled out all the stops in an effort to comply with its interim target for total loss-absorbing capacity (TLAC).
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MTN dealers are “hopeful rather than optimistic” that in January issuers will avoid what they said had been a trend in 2018 of waiting for market conditions to improve before bringing deals, then shelving trades as conditions worsen.
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Deutsche Bank has grown its private placement desk after making two hires from rival banks.
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Those at Lehman Brothers on Monday, September 15, 2008 will remember the moment the lines between the London and New York offices went dead.
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Crédit Agricole has hired a former Barclays head of MTNs to head up its MTN business in Europe.
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Rabobank has launched a green CP and certificate of deposit programme, opening up the world of short-term debt to SRI investors for the first time.