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The head of financial institutions capital markets EMEA at Royal Bank of Scotland has left the bank, GlobalCapital understands.
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Kevin McLoughlin has joined Bank of America Merrill Lynch’s financial institutions investment banking team as head of global insurance investment banking.
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The Bank of England has appointed Nemat Shafik as deputy governor for markets and banking, as well as appointed a new Chairman of Court, Anthony Habgood, and Ben Broadbent as deputy governor for monetary policy. -
Bank of America Merrill Lynch has appointed a new MD in FIG DCM, shortly after the departures of Julia Hoggett and Daniel Bell, head of financials flow financing and new products respectively.
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Bail-in rules that affect covered bonds are set to be tightened up to give investors more explicit protection in the event of a bank resolution, a banker told GlobalCapital on Thursday.
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The Bank of England is consulting on rules to ensure that even bonuses which have already vested can be clawed back, in addition to its existing powers to stop payment of unvested bonuses.
