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People and Markets

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  • Bank of America will become a primary dealer for the Netherlands' government bond market next year, but ING has quit, as part of its strategy of scaling back its dealerships to relieve pressure on its financial markets business.
  • Concerns over Sri Lanka's ability to manage its debt continue to mount, with S&P Global Ratings downgrading the country further.
  • Neel Laungani has rejoined Credit Suisse in a senior position in the Asia Pacific investment banking and capital markets (IBCM) team.
  • HSBC's investment banking coverage team in Hong Kong will begin 2021 with some personnel changes.
  • What size bonuses can investment bankers expect in the next few months? On the one hand, they have made oodles of dough for their firms. On the other, their employers face pressure not to be too generous while much of the rest of society is struggling, with regulators wanting them to focus capital resources on lending to the real economy.
  • Banco de la República (BanRep), the central bank of Colombia, has elected a former board member as its next governor, in a move unlikely to signal any major changes in the bank’s policy.
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