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Simplifying MTN and bond market processes the focus, says Agora's Berman
Helaba promoted from MLA to bookrunner while RBC sits out
Financial institutions specialist heads to German bank
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Banks have started hiring again — leaving their truce over pay and bonuses in tatters. Firms are accusing each other of irresponsibility at odds with the need for them to work together on the pressing issue of reform, writes David Rothnie.
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Credit Suisse has hired a senior banker from Merrill Lynch to help run its financial institutions business in China.
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WestLB said yesterday (Tuesday) that it will sell Westdeutsche ImmobilienBank as part of a plan to halve its asset base and restructure its ownership in exchange for European Commission approval of its state aid.
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In brief: The Cover understands that Günter Gleumes will be joining Landesbank Baden-Württemberg in the coming weeks as head of debt capital markets.
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Investors put forward an array of proposals for reform of credit rating agencies this week at a roundtable sponsored by the US Securities and Exchange Commission.
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Credit markets were buoyed by recent bank quarterly results this week — even though some credit strategists say the banks have employed smoke and mirrors to produce flattering earnings numbers.