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Executive is moving to more senior role
Public sector banker departs after 12 years at the firm
Crédit Agricole reorganises loans business amid busy hires and promotions in industry
Funding veteran bows out after four decades at the Canadian agency
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Bloomberg has acquired regulatory consultancy and technology company RegTek Solutions as it pushes to strengthen its regulatory reporting product. -
UniCredit has hired a new head of trading for sovereigns, supranationals and agencies to its European government bond trading desk in Milan.
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One of the biggest, if not the biggest problems facing borrowers in the move away from Libor is a mathematical one. Everyone agrees coupons based on the new risk-free rates should be compounded. But no one can agree on how to do the compounding. Central banks could solve this at a stroke.
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FMS Wertmanagement has made an internal appointment for the new head of its treasury, following the departure of Tim Armbruster in July.
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The quality of debt management in Africa needs to be strengthened, the World Bank has warned, while the International Monetary Fund suggested that countries stop encouraging banks to hold government securities.
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Crédit Agricole has appointed Sébastien Domanico as head of global markets for Europe, the Middle East and Africa, just weeks after he was picked to lead a different division at the bank.
