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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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Indian lenders looking to issue Basel III bonds received a huge boost on September 22 after the country’s Pension Fund Regulatory & Development Authority (PFRDA) allowed pension funds to buy additional tier one (AT1) bonds.
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The European Central Bank said on Thursday that European banks only drew €82.6bn in the first round of its Targeted Long Term Refinancing Operation (TLTRO) – far below consensus expectations and previous rounds of cheap central bank money.
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The High Court of Ireland has backed the forced bail-out of Irish Life and Permanent against a challenge from equity holders in the group, who walked away with nothing, that the bail-out was illegal.
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Allen Rad has left Royal Bank of Scotland, where he had traded covered bonds since 2008.
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If it works, banking union could be the turning point for crisis management and the architecture of regulation and supervision in Europe, the UK’s House of Lords heard on Tuesday.
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Rob Ellison will join the UK bank as head of global banks, reporting to Ed Thurman, head of financial institutions relationship management.