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Financial markets are at risk of a renewed dollar funding squeeze, the Bank for International Settlements (BIS) warned on Thursday. This would mirror the stresses that hit when the impact of the coronavirus pandemic triggered a rush for cash.

Deutsche Bank has appointed Diarmuid Toomey head of its newly created strategic capital markets group, which will combine leveraged finance, structured equity and equity-linked products, according to a memo seen by GlobalCapital.

‘Angrynomics’, a well-timed book on anger and how it relates to politics, economics and finance by Eric Lonergan and Mark Blyth, is published this week. GlobalCapital spoke to Lonergan to discuss its meaning.

The success of Rich Ricci’s banking comeback depends on getting a revered old broking brand back on its feet.

Stephan Gimpel is leaving Citi to pursue an opportunity in fintech, after 14 years in the US bank’s debt capital markets business.

Angus Whelchel, former global head of private capital markets at Barclays, has been hired by US boutique advisory group Moelis & Co to head its private capital markets team.

The UK Treasury should set up a £15bn fund for British companies, which could be floated on the stock market in a few years’ time, according to member of parliament Bim Afolami. He also spoke to GlobalCapital about how he thinks the Bank of England could benefit from a new target linked to GDP.

Armin Peter has been made head of sustainable banking for Europe, the Middle East and Africa at UBS.

J. Christopher Flowers, the eminent private equity investor, sees a lot of potential for new deals in European finance in the aftermath of the coronavirus pandemic.

Dr Jörg Kukies, State Secretary for Financial Market Policy and European Policy at the German Federal Ministry of Finance, speaks to GlobalCapital’s Managing Editor, Toby Fildes, on Covid-19, European policy and Germany’s financial markets.

Generals, and financial regulators, are always fighting the last war. So it proved when the coronavirus slammed into international markets in mid-March. Many of the tools developed in the 2008 financial crisis were deployed to great effect by central banks. The corners of the financial markets that propagated weakness in 2008 passed the test of 2020. But new risks were thrown up, forcing a new round of improvisation. What lessons will be drawn from the Covid-19 crisis?

Policymakers have responded with impressive speed and purpose to ensure that a global health crisis does not turn into a global financial crisis. But what happens now that their cards have been played, and is there a plan for what to do once the great lockdown is lifted?