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Better read on secondaries would help syndicates price bonds
Franck Viort will join in October
Schaafsma has long experience from Moody's and Standard Chartered
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Michael Corbat is to retire from Citigroup in February, and Jane Fraser will step up as chief executive. -
A year on from the closure of its flow equity trading business, Deutsche Bank’s investment bank is back in a bullish mood after performing well during the first stage of the coronavirus crisis.
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The European bond market has lost none of its charm or interest, said one of its most experienced bankers this week, on the verge of his retirement. Hugh Carter, Commerzbank’s head of credit syndicate, is leaving the bank on September 18.
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The European Banking Authority has confirmed that there are no major legal obstacles preventing issuers from using six month call periods for their regulatory debt instruments.
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This week in Keeping Tabs: a start-up’s plans to change correspondent banking; an argument for dual interest rates; state aid after Brexit; and etiquette in the coronavirus age.
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Bankia and CaixaBank have opened a new chapter in Spanish bank consolidation, having announced that they are undergoing preliminary discussions about a merger. Analysts welcomed the development and believe that it will mark an important test for consolidation in the Spanish banking sector.
