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Bond veteran moves to Canadian rival
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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  • Large US banks want the Federal Reserve to extend a measure allowing them to exclude Treasury bond exposures from their leverage ratio calculations. But other industry figures are pushing back. Senators have warned against the risks of letting temporary Covid support become more permanent.
  • SRI
    The UK’s monetary policy will officially be designed to fight climate change from now on, after chancellor of the exchequer Rishi Sunak changed the Bank of England’s mandate this week, delighting sustainable finance campaigners.
  • Sameer Rehman, director of debt and capital markets at TD Securities in London, is heading back to Toronto after 12 years in the UK to focus on Canadian public sector borrowers.
  • SRI
    BlackRock and Amundi, the largest asset managers in the US and Europe, have both published policies on how they intend to engage with companies about climate change. After widespread criticism, BlackRock has moved a long way towards a more proactive stance, but it is not clear yet that either firm is prepared to get really tough with high carbon emitters — especially in their passive portfolios.
  • HSBC has reorganised the management of its public sector debt capital markets business following the departure of Frédéric Gabizon at the end of March after a 35 year stint at the bank.
  • Bond Origination Technologies (Bots), a new tech company that aims to automate pricing indications in the primary debt capital markets, has made two hires as it prepares to launch its first live pilot in the second quarter.