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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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Garanti Bank has dipped back into the privately placed medium term note sector to print its second-ever Swiss franc deal, just a week after making its debut in the currency.
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Turkish banks have been tipped for a bright future in the private placement market after Garanti Bank made its debut in the format this week.
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Íslandsbanki completed its second ever auction of commercial paper on Wednesday, printing Ikr920m ($7.8m) of three month and Ikr800m of six month debt.
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Santander took advantage of investor demand for one year floating rate notes and eurozone periphery bank paper to raise €200m through the private placement market on Tuesday.
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Íslandsbanki completed its second ever auction of commercial paper on Wednesday, printing Ikr920m ($7.8m) of three month and Ikr800m of six month debt.
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US money market funds reduced their holdings of eurozone bank debt in March as investors took stock of an inconclusive general election in Italy and the collapse of Cyprus’s banking system, according to a new report by Fitch.