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Creating unified trading data feeds is proving much harder — and more controversial — than foreseen
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
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ING has raided General Electric for a new head of wholesale banking, with Bill Connelly set to retire from the job in November.
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Royal Bank of Canada’s capital markets division reported a 7% year-on-year fall in profits in its second quarter results as trading and origination activity declined but strong M&A activity buoyed the division. -
The UK’s financial watchdog has warned banks that terminating client relationships deemed ‘risky’ may have some unexpectedly litigious consequences.
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The head of medium term notes at JP Morgan has left the firm after almost 15 years.
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A JP Morgan debt capital markets banker is leaving after a decade at the firm.
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The US has finally engaged with the internationalisation of the renminbi after years of stubbornly ignoring the currency’s rise. Market participants have welcomed the Rmb617m ($94.15m) worth of instruments issued by the New York branches of Agricultural Bank of China (ABC) and Industrial and Commercial Bank of China (ICBC), but say the developments are long overdue. Rev Hui reports.
