Top Section/Ad
Top Section/Ad
Most recent
Helaba promoted from MLA to bookrunner while RBC sits out
Financial institutions specialist heads to German bank
New system starts with nearly 100% coverage of trading data
More articles/Ad
More articles/Ad
More articles
-
The nascent market for contingent capital bonds was dealt a blow this week when the Financial Stability Board revealed that it might not set out its guidelines for loss absorbent capital instruments until much later this year.
-
RBC Capital Markets has hired Ian Pearce from UBS to run European credit trading. Pearce had been at UBS since 2001, most recently as co-head of sterling credit and European ABS.
-
German taxpayers look likely to be called upon once again to help with the slow and painful rehabilitation of WestLB. The European Commission is considering two proposals for the future of the bank, according to a statement issued on Wednesday afternoon by competition commissioner Joaquín Almunia.
-
The US inched closer to getting its own covered bonds market last Friday, after the endorsement of the asset class in a draft Treasury report. There are hopes that legislation to create the sector could be approved by President Obama by the end of the year, although there is still opposition to overcome.
-
-
LBBW has created a new group dedicated to private placements, promoting Patrick Steeg to run it. Steeg heads a team of four dedicated to third-party EMTNs, private placements, registered covered bonds, schuldscheine and structured notes for global FIG, SSA and corporate issuers. He reports to Günter Gleumes, head of debt capital markets and syndicate.