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Funding veteran bows out after four decades at the Canadian agency
Former MDB sustainable finance expert joins as HSBC rebuilds sustainability leadership
New methodology follows headroom created by S&P revision last year
EU’s new real time price feed could be nice to have, but market participants are not sure it’s essential
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The UK Municipal Bonds Agency has made four non-executive appointments at the board level.
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Standard Chartered Bank has made two promotions — crowning a new head of capital markets for Americas and Europe and a new head of European syndicate. -
As news of the UK and US investigation into SSA market trading practices broke, the SSA market split over whether the banks at the heart of the probe would lose primary business.
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In the wake of the news that four traders at different banks were under investigation by US and UK authorities over possible sharing of client flow information, senior bankers were quick to blame the structures of the market, and pressure from issuers focused on turnover statistics, for making it possible.
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Investigators are finally baring their teeth at the bond markets, after dozens of other post-crisis scandals, with a probe into the supranational and agency market that has engulfed four banks.
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Three months after South Korea became fully double-A rated for the first time, the sovereign received another boost when Moody’s hiked its rating by one notch to Aa2 in December.
