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Daiwa Capital Markets has placed two London-based executive directors at risk, GlobalCapital understands.
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Barclays has announced a swathe of debt capital markets promotions, several new desk heads, and a new structure for EMEA, following last week's changes to the DCM management team.
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Emmanuel Smiecench, former managing director on the sovereign, supranational and agency syndicate desk at Société Générale, has returned to the market.
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Repeats of the Greek government’s stand-off with its international creditors last year could be avoided by giving the European Parliament the “last word” when members of the eurozone are in conflict with its institutions, according to one of the currency bloc’s founding fathers.
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Central banks may lack the political capital needed to deal with another global financial crisis — and the problem is particularly acute in Europe, according to Jean-Claude Trichet, the former president of the European Central Bank.
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Public sector borrowers and bankers alike applauded Carl Norrey’s contribution to the SSA business after hearing this week of his upcoming retirement. Some also expressed concern about the impact the loss of such a high profile figure could have on the market.