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Bankers join on two continents as bank seeks to grow in public sector bonds
Head of funding for 16 years steps up at Nordic supra
SSA DCM banker previously worked at RBC and Santander
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SMBC Nikko has hired Markus Steilen as managing director and head of continental European debt syndicate, based in Frankfurt. Steve Apted remains head of syndicate in London.
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The European Commission on Thursday fined Nomura, UBS and UniCredit for their traders' participation in a cartel in the primary and secondary European government bond markets during the financial crisis.
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Christina Cho is set to leave her job as co-head of sustainable finance capital markets for the Americas at BNP Paribas to join CIBC, where she will lead the bank’s dollar coverage of sovereigns, supranationals and agencies in North America.
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If issuers succeed in pushing down the fees they pay banks for syndicating transactions, they could face a more volatile market and reduced competition among banks for their business, according to SSA market participants.
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Bart Van Dooren, head of funding and investor relations at Bank Nederlandse Gemeenten, will be retiring in January.
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BCS Global Markets, the investment services division of Russia’s largest independent broker, has hired a new treasurer.