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When staff complain, they deserve a fair hearing, not a wall of silence
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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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  • Covered bond lawyer Jerry Marlatt has moved from Morrison Foerster to Mayer Brown in New York, as part of a team move of capital markets lawyers reported by GlobalCapital on Monday.
  • FIG
    Candidates in Italy’s March 4 election have swerved away from the thorny issue of bank balance sheets. But observers should not be unduly alarmed: whatever happens, Italy’s politicians look set to scrape on by as before — for worse or for better.
  • Senior fixed income banker Michael Luk has joined CLSA as global head of debt capital markets, after a one year stint with the Singapore Exchange.
  • The Single Resolution Board has decided that Latvia’s ABLV Bank should be wound up under national insolvency proceedings, suggesting that small and medium sized banks remain outside the scope of resolution action.
  • Outstanding bonds issued by Vivat NV, the Dutch insurance group, suffered on Friday morning after its parent company Anbang Insurance Group was seized by Chinese authorities — but a sale to a European firm could provide an upside for bondholders.
  • The US Department of the Treasury defied Republican calls to scrap the Orderly Liquidation Authority this week, after publishing a report in which it recommended an overhaul of the nation’s framework for dealing with failing banks.