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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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Société Générale has named a new head of DCM financial origination, a replacement for Sébastien Domanico, who left the firm in April. -
UniCredit said late on Tuesday that its chief executive, Federico Ghizzoni, would step down.
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UniCredit’s chief executive, Federico Ghizzoni, has been forced out. There are grumblings about the bank’s low capital levels, high costs, and sprawling strategy, and suggestions that UniCredit needs to sell assets and build capital.
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The European Parliament is following the principle of 'Do No Harm' to the bond market, as it grapples with ESMA and the European Commission over the final wording of Markets in Financial Instruments Directive II (MiFID II).
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The Single Resolution Board and national authorities will be able to set the level of bank bail-in liabilities on a case-by-case basis, rather than having to meet a standard European minimum, if a piece of regulation proposed by the European Commission is passed.
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Société Générale has announced several senior appointments to its South Korean business with Andrew Kim now helming the unit.
