Top story

• ‘Have you forgotten your brothers?’

  Those at Lehman Brothers on Monday, September 15, 2008 will remember the moment the lines between the London and New York offices went dead.

  • 13 Sep 2018
  

• ECB softens on Brexit risk modelling

  

  The European Central Bank (ECB) has changed its tune on whether to permit back-to-back risk transfers after Brexit. This could allow financial service firms doing business in Europe to continue booking risk back to a central marketplace hub in London.

  • 13 Sep 2018

• Chinese IPOs pull through biggest Asia sell-off

  

  A week of turmoil in emerging market stocks could not dampen investor enthusiasm for China’s biggest post-summer IPOs, as issuers used a mix of tight cornerstone allocations and compelling equity stories to get across the finish line. John Loh reports.

  • 13 Sep 2018

• SocGen credit trading head joins Axiom

  

  French asset manager Axiom Alternative Investments has hired Laurent Henrio, the former global head of credit trading activities at Société Générale, to run a new fund buying illiquid credit exposures in banks’ trading books.

  • 13 Sep 2018

• Indian government lays out plans to shore up rupee

  

  The Indian government has put in place new initiatives to attract capital and curb the country’s expanding deficit, including by easing fundraising through overseas bonds and loans, which market watchers say are small but important steps.

  • 17 Sep 2018

• German minister urges capital market progress

  

  Jörg Kukies, secretary of state at the German Ministry of Finance, suggested that the EU’s proposed covered bond directive should not dilute the quality of the product too much. He also wanted to see developments on the Capital Market Union (CMU) by the end of the year and called for an agreement on third-country central counterparties (CCPs).

  • 12 Sep 2018

For more news by bank, visit GlobalCapital's Bank Profile pages