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Nomura has added its head of flow rates and SSA trading — a veteran of the firm of almost 30 years — to the cuts announced two weeks ago.
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High yield bankers are paid the most in the debt capital markets, according Emolument data but a job in emerging markets beats the others at director level.
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PricewaterhouseCoopers has called for an overhaul of regulations which are hurting market liquidity, as part of a major new report on the state of liquidity in financial markets, commissioned by the Global Financial Markets Association and the Institute for International Finance.
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A European supranational has gone in-house to select a chief risk officer. -
Myanmar has moved closer to an offshore bond issue after circulating a draft law clarifying how the sovereign can raise debt, and hiring Citi and Standard Chartered as ratings advisers. The moves have been welcomed but investors have been warned to expect a long wait before they get their hands on any deal, writes Shruti Chaturvedi.
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China’s decision to devalue its currency this week will add another complication to what is already a troublesome time in the public sector bond market — just as a separate source of woe for SSA bankers looked to be resolved.
