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Torsten Elling will not be returning to Barclays, having been on paternity leave since June last year, The Cover understands.
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Torsten Elling will not be returning to Barclays, having been on paternity leave since June last year, GlobalCapital understands.
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Last year was not kind to Standard Chartered, a bank known for its emerging markets, commodities-focused business model and in the teeth of a brutal restructuring. The bank reported a full year loss of $1.5bn on Tuesday, after swallowing $1.8bn of restructuring charges. -
Royal Bank of Canada reported a C$24m year-on-year decrease in profits from its capital markets division on Wednesday, as debt origination declined and the bank increased provisions against its oil and gas exposure.
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A switch in regulator from the Bank of Spain to Europe’s Single Supervisory Mechanism and more regulatory certainty has reopened a route to capital raising for Spain’s banks — synthetic securitization.
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A vice-president in BMO Capital Markets’ DCM team has left the bank, GlobalCapital understands.
