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Financial institutions specialist heads to German bank
New system starts with nearly 100% coverage of trading data
Europe’s regulator proposes preserving capital requirements while trimming the complexity that hampers cross-border M&A
Banks face an uncertain future as finance goes digital
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Moody’s has issued a new set of rules for rating bank debt, laying out how it expects a bank’s capital structure to look under new bank resolution rules.
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The European Bank for Reconstruction and Development (EBRD) has appointed Hugh Friel, a manager in the bank’s Local Currency and Capital Market Development Team, as its representative on the advisory council of the covered bond Label. The appointment reflects the EBRD’s role as an anchor investor and policy advisor for covered bonds from Central and Eastern European and Turkey.
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Régis Lanove, formerly of ING's syndicate desk, has joined the National Bank of Belgium.
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An experienced FIG and ABS syndicate official at Barclays is moving to the bank's treasury team as head of long term unsecured funding and capital issuance.
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Rabobank’s chief financial officer — the most powerful executive at the bank, according to one insider — is to step down early, at the end of 2015, after the bank decided he could no longer be chief risk officer, writes Jon Hay.
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Banco Sabadell may issue up to €2.4bn of new capital if it bids for TSB, the UK bank. But the amount may be as little as €1bn, as TSB has spare capital.