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State of New Hampshire's innovative bond gets Ba2 rating
European and other regulators are working on reforms to make covered bond funding more efficient
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Citigroup exchangeable bond reaches end of pricing period
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Embattled utility asks judge to approve £3bn lifeline as creditor groups keep fighting
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The investment bank compensation process is as much ritual as reckoning — a yearly exercise in hope, dread, and, for some, quiet fury. But while everyone’s sweats over their number, few stop to ask how it’s calculated. Here’s a blow-by-blow breakdown of what really happens behind closed doors
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Scott Romanowski of Avenue One will join in February to replace Aoiffe McGarry
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◆ Why you got paid what you got paid ◆ Insider reveals what really goes on when bonuses are allocated ◆ HSBC winds down M&A and ECM
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Vivek Baliga steps up
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