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Bond specialists sceptical that auctions can yield better results than bookbuilding
When staff complain, they deserve a fair hearing, not a wall of silence
Waterfall of promotions follows Karia's move to insurance post
Originator hired to go after bank bond issues in euros and dollars
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The benefits of covered bond harmonisation far outweigh the costs, according to an independent report undertaken on behalf of the European Commission and published on Friday.
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The Swiss bank has proved to be world class in generating returns and cutting costs. Now it faces a direct assault from rivals on its core business, writes David Rothnie.
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Lloyds Bank has hired a banker from Nationwide Building Society to work in its corporate treasury team.
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UBS has appointed a new head of Asia Pacific DCM syndicate, filling a gap left after Paul Au’s departure last year.
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Commerzbank has beaten profit expectations in the first quarter, thanks to strong results in its capital markets and securities, but it remains dogged by its poor quality shipping portfolio, and restructuring efforts.
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The quarter-end and year-end problems in the repo market are scary enough, with collateral more important than ever before in financial markets. But what else is it concealing?