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The higher one climbs the investment banking ladder, the less science seems to be applied to recruitment. While trainees must suffer weeks of formal recruitment process, the biggest P&L drivers are more likely to be tapped up down the pub
Looming regulation represents a stamp of legitimacy for BNPL lenders, which will lead them to public ABS issuance
Budget induced volatility could push OATs above covered spreads across the curve
Tighter control has not dampened expectations of public buy now, pay later securitizations
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Fresh Nato commitments will test bond market capacity as major issuers reveal funding updates -
Nato commitment to ramp up defence spend a boon for defence sector debt chances
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Bankers familiar with deal blame Iran-Israel conflict for price plunge
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Market still 'hot and busy' as borrowers line up
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Investors would be wise to protect themselves against tail risks
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Post-management senior positions can be very valuable, but only if handled right
