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Standard & Poor’s has raised South Korea’s sovereign credit rating by one notch to AA- from A+ with a stable outlook, saying this was a result of a favourable policy environment, sound fiscal position, and net external creditor position. -
Standard & Poor’s has raised South Korea’s sovereign credit rating by one notch to AA- from A+, while Fitch has assigned a first-time rating of B to Pakistan because of the country’s weak fundamentals.
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Stephan Dorner has left his job as covered bond and SSA analyst at the French bank for a new gig at Morgan Stanley.
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The UK Debt Management Office has hired four banks to run an upcoming syndication of its 2068 inflation linked bond.
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A well known public sector DCM banker is to add another string to his bow, taking on capital financing responsibilities in France, GlobalCapital understands.
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Germany is set to become the first eurozone sovereign to settle its derivative transactions via central clearing, after announcing plans on Monday to become a direct clearing member of EurexOTC Clear.
