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Howard Bamsey has stepped down as executive director of the Green Climate Fund with immediate effect, at the end of a four day board meeting described as "very difficult and disappointing" by the organisation's co-chairman. -
The FICC Market Standards Board has released its final standard for conduct in new issue hedging, following a consultation launched in October last year.
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Danske Bank has added two new members to its FIG origination team in Copenhagen.
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Swedbank has grown its DCM syndicate team after hiring an SSA and FIG focused banker from a Nordic rival.
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The ECB outlined how its planned replacement for Euribor, the Ester rate, will work, in a release published on Thursday. The new rate will begin publication from October next year.
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The Swiss Exchange (SIX), in conjunction with major Swiss franc bond market participants, is set to launch a digital platform called Deal Pool, in the hope of simplifying processes and breeding efficiency in the market. But it will likely change the role of bank sales desks substantially.
