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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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Jérôme Margerin has left the MTN desk at Nomura, where he has worked for more than two years.
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Rumours of increased European Central Bank support have failed to take pressure off Italian sovereign credit default swaps, despite a rally on Tuesday, with the country resuming its widening divergence from European peers on Wednesday ahead of this weekend’s referendum.
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The 28 finance ministers of the European Union are expected to approve the extension of the European Fund for Strategic Investment (EFSI) on December 6.
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Michael Sherwood, co-CEO of Goldman Sachs International since 2005 and probably the most senior and highest profile investment banker in London, announced his retirement from the firm on Monday, after 30 years at the bank.
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Moody’s downgraded Mongolia’s long term issuer and senior unsecured rating from B3 to Caa1 last Friday, reflecting the agency’s lack of faith in the country’s ability to control its dire budget deficit.
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Kommuninvest’s senior investor relations manager is expanding his role and will now head the Swedish agency’s sustainability programme.