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The Monetary Board of the Central Bank of Sri Lanka has suspended the primary dealer status of Pan Asia Banking Corp (PABC) for six months.
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Bank of America Merrill Lynch and Deutsche Bank, two of the institutions named in a US lawsuit alleging manipulation in the dollar SSA market, have filed preliminary settlements for a total $65.5m, court documents show.
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Kommuninvest has looked internally to replace its head of funding Anders Gånge, who is leaving to join the Riksbank, Sweden’s central bank.
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Andrew Salvoni, head of SSA syndicate at Morgan Stanley, is moving to HSBC as a director, GlobalCapital understands.
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Morgan Stanley’s head of SSA syndicate Andrew Salvoni is set to leave the bank, GlobalCapital understands.
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Andrea Jelic, public sector DCM at HSBC, is set to move banks, GlobalCapital understands.