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A selection of the clever, funny and weird to keep your mind sharp over the new year break
European and high yield chiefs to take the reins
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Santander has picked up an ex-Deutsche Bank private debt banker for its MTN syndicate desk. -
JP Morgan has picked up a banker from NatWest Markets to trade sterling SSAs.
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The first treasurer of the Asian Infrastructure Investment Bank has taken a sell-side job in New York.
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Mizuho International, the London securities and investment banking arm of the Japanese banking group, has cut jobs in its capital markets business over the past week, and among those leaving is a senior DCM banker.
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The political upheaval in Sri Lanka since October led S&P and Fitch to downgrade the sovereign’s ratings this week, following a similar move by Moody’s in November. All three agencies have pointed to heightened refinancing risks, with a weak rupee and rising bond yields restraining the country’s access to capital markets.
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The EU moved a step forward on its tortuous path towards completing its Banking Union on Monday night. Finance ministers agreed on some details relating to a backstop for the fund for resolving banks, but have not yet shown any sign of agreeing on a common deposit insurance scheme.
