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Bond market veteran rides away
Syndicate and trading executives get wider responsibilities
Bank is doing round of job cuts
London-based MD promoted
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  • Bank of America Merrill Lynch hires fintech chief — Perella Weinberg builds European restructuring team — UniCredit finds SSA trading boss.
  • A draft Polish law, requiring the written consent of property owners to transfer mortgages, would have “significant adverse effects on Polish banks’ funding” said the European Central Bank, with respect to the covered bond and securitization markets. However, a legal expert said there would be no direct impact on covered bonds.
  • HSBC’s chief executive was dislodged by the force of the challenges facing the bank. Now, its global markets division is under pressure as senior management continues with reform, writes David Rothnie.
  • Gerardus Vos is joining Bank of America Merrill Lynch as head of financial technology investment banking for Europe, the Middle East and Africa.
  • Fabrizio Saccomanni, chair of UniCredit, has died at the aged of 76.
  • CEE
    Poland's Bank Pekao is planning to tap the Eurobond market for the first time in 2020, in order to set down a senior benchmark for the subsequent issuance of capital ratio raising bonds, according to Pawel Rzezniczak, head of investor relations and corporate development at the bank.