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Originator hired to go after bank bond issues in euros and dollars
Long-standing FIG DCM banker leaves after more than two decades
Syndicate and trading executives get wider responsibilities
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French insurance firm Scor said on Tuesday that it was looking to take legal action against compatriot Covéa, as well as Barclays and Rothschild, in relation to a rejected acquisition proposal. Covéa had announced earlier in the day that it was no longer looking to combine with Scor. -
Natixis has made some internal changes to its MTN team, after the desk’s global head Elsa Martin took on a new position within the bank.
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Although the UK’s eventual relationship with the European Union remains shrouded in doubt, politicians on the parliament's Treasury Select Committee are set to look into whether it should remain aligned to the continent’s regulations or diverge when it leaves.
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Bank of China’s Hong Kong-based debt syndicate head Sebastian Ha is leaving the firm next month.
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Metro Bank’s update to the market on Wednesday has led to speculation it will need to raise capital once more. It revealed slowing loan and deposit growth, weaker than expected profits, and a greater than expected rise in risk-weighted assets chewing up its capital ratio. The update came at a time when UK banks are pessimistic about raising capital.
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The Danish Financial Supervisory Authority has warned that banks would face trouble accessing funding in international markets if there were to be a repeat of the kind of money laundering scandal that has gripped Danske Bank, the country’s largest lender, in the last year.
