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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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Nomos Bank has appointed a new CFO to replace Vladimir Rykunov, who is leaving to join Petrocommerce Bank as chairman of its management board.
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Credit Suisse bowed to the inevitable on Wednesday and cut jobs within its SSA syndicate and DCM team, including syndicate veteran, Ed Mizuhara's, having announced in its third quarter results that the cost of running its rates business had become unsustainable because of leverage rules. However, only two jobs have been lost within the bank’s SSA business.
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Nomos Bank has appointed a new CFO to replace Vladimir Rykunov, who is leaving to join Petrocommerce Bank as chairman of its management board.
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Barclays' shares leapt 4% on Wednesday morning as it announced results that, while far from stellar, at least met analysts’ expectations. But the results were clouded by news that Barclays, among others, was having to respond to a new, global regulatory investigation into alleged manipulation of the FX market, writes Jon Hay.
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Mizuho has hired a full roster of salespeople as it seeks to consolidate its flow product business before trying to carve out a niche in the structuring and capital solutions market.
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Royal Bank of Scotland has appointed a Lloyds Bank director to head up its financial institutions trade origination business for EMEA.