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Simplifying MTN and bond market processes the focus, says Agora's Berman
Head of European credit syndicate leaves TD after more than a decade
New system starts with nearly 100% coverage of trading data
Recently departed banker to resurface in Asia
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Chinese green bonds came another step closer this week with the publication of two reports that outline recommendations for the sector while taking into account the specifics of the country’s bond and green energy sector. Suggestions include a new body to review existing and upcoming green standards, the provision of tax breaks and engaging municipal bonds in green bond issuance.
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BNP Paribas has restructured reporting lines on its syndicate desk, including giving one person responsibility for loans, high yield bonds and leveraged finance.
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Local and regional governments in Asia rarely look to the capital markets to meet their funding needs, but a strong appetite for funding, developing government structures and infrastructure needs indicate that the region’s municipalities are likely to increase their willingness to borrow.
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France’s sovereign debt office, the Agence France Trésor, has appointed a new chief executive to take over from Ambroise Fayolle.
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Hakan Wohlin, global head of debt origination at Deutsche Bank, is to officially leave the German firm on March 13.
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The European Banking Authority has closed off all routes around the bonus cap, with new guidance published on Wednesday.