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  • The Republic of Italy took advantage of investors' search for yield this week with a Eu5bn February 2019 transaction via Caboto, Goldman Sachs and JP Morgan. But several bankers questioned the pricing of the transaction.
  • Italian banking group Capitalia this week issued the opening trade off its Eu12bn EuroMTN programme, signed through Lehman Brothers last month.
  • Credit Suisse First Boston's Gang of Four - Jack Hennessey, Hans-Jörg Rudloff, Allen Wheat and Rainer Gut (see profiles) - have each made immeasurable contributions to the development of today's Euromarkets.
  • Jacques Gelardin, according to a colleague quoted in the press in 1981, wanted to be a bigger fish in a smaller pond, which is why he and a small team of colleagues jumped out of the biggest pond of all, CSFB, where Gelardin had been responsible for origination.
  • Jeffrey Werner, treasurer of GECC between 1988 and November 2001, was not one to mince his words. It was at a Euromoney conference in 1992 that the ex-Navy man and Harvard graduate laid down the law to investment bankers. "It is my job to fund our assets as cheaply as possible," he reminded his audience. "It is not my job to provide liquidity in markets. It is not my job to develop the market in Europe... And finally it is not my job to provide investment bankers with vacation villas and BMWs."
  • Although everyone agrees that he is ridiculously young for one so senior, Jeremy Isaacs is already a veteran, having started his career in banking at the age of 17 as a clerk at Smith Brothers. In the 1980s he worked in the open-outcry pit of the London Traded Options Market, and put in a stint at Kleinwort Benson before joining Goldman Sachs in 1989.
  • JC Perrig began his working career as a corporate lawyer in his native Switzerland, but his nose for business led him into the world of banking and finance, and he joined Credit Suisse First Boston in Zurich in 1995.
  • Jerome Lienhard, senior vice president, investment funding at Freddie Mac, was an important Euromarket figure even before joining the US mortgage agency in 1999.
  • "Unwavering in matters of principle, indefatigable in her intellectual energy, and passionate in her commitment to the Bank's values and goals," said World Bank president James Wolfensohn of Jessica Einhorn in May 1998 when she stood down as managing director for finance and resource mobilisation.
  • "The most famous man I never met" was how one early Eurobond pioneer said when he first met Walter Koller.
  • Interest rates are expected to be cut by at least 25bp by the Federal Open Market Committee next Wednesday. Bankers suggest that some primary activity in the dollar market could emerge as five and 10 year dollars are well bid.