GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Bank has lost six debt bankers since April including three MDs
Concerns rise about dominance of big tech providers as cyber risk proliferates
Banker joining from HSBC
Banker has worked in bond market since 1990s
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  • The European Central Bank said on Thursday that the economy was in a poor enough state to justify letting banks take advantage of a recent agreement on leverage ratio relief.
  • FIG
    Bank and leasing firm Grenke has seen its share price plummet by more than half over the past two days after becoming the latest target of Viceroy Research, the activist short seller known for its campaigns against Wirecard and Steinhoff. German regulator Bafin has told GlobalCapital it is investigating the situation.
  • An accounting practice called badwill is central to debates about European bank M&A — but it probably should not be, as it leads to some confusing rhetoric.
  • Surging covered bond issuance that is printed only for repo at the central bank and official sector purchases means that the asset class is now less relevant for market funding purposes than ever before. If this continues, the systemic importance of the €2.7tr global market will be undermined just as efforts to develop it look to bear fruit.
  • Investors think that insurance companies will be able to deal with the cost of business interruption (BI) claims relating to Covid-19, even though the UK High Court found in favour of policyholders in a test case this week.
  • Meriem Smida and Christine Coudray have been given new coverage jobs at Natixis, as global head of financial sponsors coverage and global head of banks and international public sector (BIPS) coverage respectively.