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The World Cup is being played outside European trading hours, but don't underestimate its potential for disruption
The German state development bank this week proved a digital bond can survive losing its registrar. It was another proof of concept for digitalised bonds but only the ECB can make the market real
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The European Central Bank has put the familiar topic of bank consolidation back into the spotlight, after its supervisory arm made clear last week that it did not want to stand in the way of well-designed deals.
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John Muncey has joined Barclays as vice-chairman of its consumer retail group (CRG) in Europe and the Middle East, while Jamshed Kakalia has been promoted to lead the consumer business in that team.
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Oliver Wriedt has stepped down from his role as CEO of DFG Investment Advisers to start his own investment firm, according to CLO market sources.
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Jamie Niven has joined Wells Fargo as head of equities for Europe, the Middle East and Africa.
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SMBC Nikko Capital Markets has hired Manish Peshawaria as head of ABS trading, with a mandate to build out the secondary business, as part of its expansion into the European securitization market.
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Lloyds Banking Group has appointed Centerview’s Robin Budenberg as its next chair, while chief executive António Horta-Osório is set to leave the firm next year.
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