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It's 'the most obvious add-value seat on a desk right now'
Specialist moves after 18 years in the market
Banker is moving to Greece as focus grows in connecting its capital markets and banking sector to international investors
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Oliver Whelan will hand over the reins of managing Ireland’s funding programme in the autumn, when he will retire after more than a decade in charge of the country’s bond issuance.
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Maurice Nadjar-Primack, a managing director in emerging markets equity trading at Barclays in London, has left the firm.
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Julien Raffelsbauer, ex-head of high yield, leveraged loans, special situations and distressed debt at BNP Paribas in London is joining HSBC in a senior credit trading role. -
Gazprombank Asset Management has hired Igor Kan as head of structured products portfolio management and trading.
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SSAs in the European Union have slashed their outstanding volumes of commercial paper and certificates of deposit in euros by over 15% since the European Central Bank cut its deposit rate by 10bp to minus 0.1% on June 4. The figures come as Standard & Poor’s warned that the rate cut could cause investors to pull out of money market funds — one of the ECP market’s most important investor bases.
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The Loan Market Association has re-elected directors to its board after holding its AGM on Wednesday.
