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Rating agency explains reasons for cap
Lower rates will need lower inflation — and an FOMC consensus
Market participants gathering in Stavanger will focus on market growth
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CMB International has hired Branson Song, a veteran equity capital markets banker, as head of its ECM business.
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UBS opened the European bank earnings season on Tuesday with a strong set of results from its M&A and capital markets businesses, which CEO Ralph Hamers seized as an opportunity to play up the importance of talented bankers over the generous application of balance sheet.
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The Prudential Regulation Authority gave more detail on the likely direction of reforms to the risk margin and the matching adjustment on Tuesday, as it launched a quantitative impact study for the review of Solvency II in the UK.
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Charlotte Weir is leaving Barclays after more than 20 years with the firm, most recently as head of corporate debt capital markets in EMEA, for a job at another bank in London.
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Michelle Neal has left her position as head of US fixed income, currencies and commodities trading at RBC Capital Markets in New York to take a leading role at high tech corporate bond trading platform LedgerEdge.
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Apollo subsidiary Redding Ridge has hired Tom Frangione from Alcentra as it grows its assets under management and the number of CLOs it runs.
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