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Storied MTN banker will leave the US firm after almost 13 years
Adrien Lan was previously UBS's global head of MTNs
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MTN issuers and dealers have been dismissive this week of plans by the Financial Conduct Authority to prevent banks gaining league table credit from loss-making trades.
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The words “unintended consequences of regulation” usually send a shiver down the spine of capital markets participants, but new US rules coming into effect next week are having the opposite effect for some public sector bond issuers.
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French agency Unédic is looking to set a trend with its new medium term note format to replace its BMTN programme as the chosen vehicle for one to six year debt
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Central bank policies are diverging like never before, with the European Central Bank and Bank of Japan setting deeply negative rates — and the BoJ attempting to influence the longer end of the curve — while the US Federal Reserve is on a rate rising path. That dynamic throws up opportunities and challenges for public sector borrowers, writes Craig McGlashan.
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The volatility of the Mexican peso is causing investors to keep away from long term debt in the currency.
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A former Bank of America Merrill Lynch vice president has joined Nomura's MTN team.