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Lake leaves bank, Rohrbaugh moved to get retail experience
The extra scrutiny that comes with working on the most visible, public and largest deals would give even the Stoics something to scratch their heads about.
New equity capital markets talent and Bernstein joint venture have helped Société Générale win eye-catching mandates. Next, it will expand sector teams
Italian investment bank has retained its focus since its takeover by Banca Monte dei Paschi. Now with two suitors for MPS, it is set for more upheaval
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The US Federal Reserve’s economics team have finally found academic evidence for what the market has thought all along — regulation has shrunk dealer balance sheets, and cut liquidity in corporate bonds.
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The European Commission’s mid-term review on Capital Markets Union, set to be debated on June 7, will look at toughening the terms on enforcing on collateral, a move which should help recoveries on the continent’s overhang of non-performing loans, but which could prove politically controversial.
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UK corporates are preparing for the large UK banks to bring down their ring-fences, a move that could shake up the banking landscape and push more corporates to sign credit support annexes with their banks.
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The Basel Committee’s William Coen said in a speech on Thursday that he was hopeful that the Basel III post-crisis reforms could be finalised in the ‘near future’, but capital markets participants have grown weary of hearing that progress is just around the corner. They still expect to be waiting for quite some time before any agreement on calibrating capital floors.
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Tim Throsby’s revamp is designed to switch Barclays back to a risk-on mindset and reignite growth in its European corporate finance business, writes David Rothnie
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The Swiss bank has proved to be world class in generating returns and cutting costs. Now it faces a direct assault from rivals on its core business, writes David Rothnie.