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The new deal offers a longer non-call period for tighter spreads
ICBC won the sole mandate without having to pitch
◆ Should markets rejoice or worry? ◆ FIG borrowers are gung-ho ◆ Topping rates poses quandary for EM ◆ CLO investors sort sheep from goats
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◆ A new NPL threat to Italian banks ◆ Hybrid capital gets a makeover ◆ Covered bond liquidity ◆ SSA market finds its rhythm -
Buy-back offer to defaulted borrowers threatens to destroy NPL securitization
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Barclays' acquisition of Lehman Brothers gave it the Wall Street presence it craved. Has it delivered on the deal's potential?
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Buy-back plan would sabotage the NPL securitization market Italy risked €20bn to build
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Moves are the latest in a succession of changes at the bank
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The bank's CEO, Jane Fraser, has completed a shake up of its executive team and is set to make widespread cuts
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