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People and Markets

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  • Ediphy, a fintech company launched by Chris Murphy, a former global head of fixed income sales and trading at UBS, is launching a prototype version of a consolidated tape, aggregating trade disclosures mandated by MiFID II.
  • Former Citi banker joins Santander to run FIG and SSA DCM — Citi taps Goldman banker to lead 'wellness economy' charge — EIB hires funding official from BMW — First Eagle hires CLO PM
  • Deutsche Bank has told staff in New York that they should prepare to be back in the office by Labor Day (September 6), as the firm works on plans to allow more remote working for some in the future.
  • The age of fintech is upon capital markets. Tech hopefuls are pitching platform after platform at banks as a way to haul capital raising into the 21st century. But fatigue is setting in among bankers, some of whom are questioning whether all of the problems that tech purports to solve really exist.
  • Market participants are coming to terms with new technical standards from the European Banking Authority, which give the final say on how issuers should interact with supervisors when they manage their regulatory debt instruments.
  • Institutional and retail investors were in hot pursuit of China’s first nine infrastructure real estate investment trust (Reits) this week, as Beijing begins to develop the trillion-renminbi market.
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