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A junior banker respects their MD, but cannot live with his disorganisation. Can things ever improve?
Solutions exist but political will is necessary
It will take years and huge amounts of money to get Venezuela in a state to restructure its debt
Oil reforms are needed for debt repayment to restart, but will be difficult to accomplish
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Russia sanctions could have further implications for leveraged issuers -
Four bankers have exited Deutsche’s New York office following an investigation into a strip club visit
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Steel firm had asked noteholders to lobby the correspondent bank after payment was frozen. Chairman Alexei Mordashov pictured
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Shifting geopolitics mean HSBC faces big, long-term questions as it pivots towards Asia and the Middle East. But its revamped global corporate finance division is faring well for now, writes David Rothnie
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Investors believe it unlikely noteholders will lobby the bank to get the steel firm’s payment sorted
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Foreign bondholders are receiving cash, but Euroclear and Clearstream are blocking payments to local holders, says company
