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When staff complain, they deserve a fair hearing, not a wall of silence
FIG
Waterfall of promotions follows Karia's move to insurance post
Originator hired to go after bank bond issues in euros and dollars
Long-standing FIG DCM banker leaves after more than two decades
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  • FIG
    On the anniversary of the resolution of Banco Popular, GlobalCapital takes a look at the issues raised by this important first test of the EU's Bank Recovery and Resolution Directive (BRRD).
  • UBS has appointed Kevin Cui and Terry Schmassmann as co-heads of Asia DCM syndicate, effective immediately, according to an internal memo seen by GlobalCapital Asia.
  • Deutsche Bank’s head of corporate finance EMEA, Alasdair Warren, has become the highest profile casualty of new CEO Christian Sewing’s cost-cutting drive, after failing to re-establish Deutsche at the summit of the European corporate finance rankings.
  • HSBC’s decision to reclassify four discounted perpetual bonds (discos) as fully eligible for tier two capital has led to holders asking for clarification and transparency from the bank. They also asked whether that eligibility status was really justified.
  • ABS
    Scor said that being able to launch a catastrophe bond from the UK provided it with a useful alternative for issuance, after it sold the first catastrophe bond from the country with an unusual dual layer structure last week.
  • Jonas Klink, who has left Santander covered bond trading in Madrid, will join Barclays.