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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
Bank M&A is back on the agenda, but talk of SMBC buying Jefferies is premature. The two firms are prioritising their multi-stranded alliance and a takeover now would jeopardise it
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Promoters expect new MDB to get go-ahead this year -
Bank has raised DCM team leaders after round of departures
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Senior bond market participants say Europe has once-in-a-generation chance to take a chunk of US hegemony
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Arrival of head of new CIB will further spur NatWest Markets as broader bank looks to growth
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However, reforms could still take two-three years to come to fruition
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