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Moody’s changed the outlook on the Chinese government’s credit rating to negative on Wednesday as a result of weakening financials, falling currency reserves and uncertainty about the country’s ability to implement economic reforms.
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A vice-president in BMO Capital Markets’ DCM team has left the bank, GlobalCapital understands.
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Greg Arkus, head of supranational, sovereign and agency debt capital markets and syndicate at Credit Suisse, left the bank on Monday, as the Swiss firm makes a series of job cuts at its global markets business, GlobalCapital can reveal.
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BMO Capital Markets has made an addition to its public sector debt capital markets team, picking up an industry veteran who was most recently at Credit Suisse.
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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.