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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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  • The European Private Placement Facility (EPPF) has completed its first bond issue, which those involved say is the start of a “revolution” in debt capital markets.
  • ING has hired a new head of financials credit trading as it looks to build up an EU financial trading desk in London.
  • German MEP Peter Simon has published his draft report on the European Commission’s 2016 banking package, a comprehensive text adjusting banking regulation and implementing several Basel standards. A number of Simon's amendments aim to alleviate administrative burdens on smaller credit institutions.
  • Bond investors in the Philippines are struggling to ramp up their portfolios as borrowers shun the debt market in favour of cheaper bank funding, according to panellists speaking at Euromoney’s Philippines Investment Forum on Monday.
  • European member states could keep securitization and covered bond SPVs out of clearing and margin requirements, according to a draft European Market Infrastructure Regulation (EMIR) compromise published last week.
  • HSBC is looking for a period of stability in which to rebuild staff morale and dealflow, following the abrupt departure of co-head of global banking Matthew Westerman after less than two years. David Rothnie and Toby Fildes report.