UK

Citi has been fined $550,000 for data reporting violations on its internal swap contracts.

Peter Ellemann has left his position as head of European loan syndications at ANZ Bank around a month ago, according to sources in the market.

On Monday night, Cinven, the private equity group, sold a 10% stake in Just Group, the UK financial services company, through an accelerated bookbuild led by Barclays and Numis.

Mathias Noack, co-head of debt capital markets for EMEA at MUFG, has been appointed as Loan Market Association chairman by the board.

Tradeweb, the electronic marketplace provider, announced on Monday that it had completed the first cleared inflation swap using an electronic request-for-quote (RFQ) system.

Citi is moving an experienced banker from London to take up one of its most senior capital markets positions in Asia Pacific.

BNP Paribas is extending its delta one execution and financing offering, and has hired a senior salesman from Citi to help run the initiative.

Central Asia Metals, the Aim-listed owner of a copper mine in Kazakhstan, priced a £137.4m ($153.5m) capital increase and secondary share sale on Friday, to partly finance its acquisition of Lynx Resources for $402.5m.

Rating: Unrated

Gatwick Airport brought the second sterling investment grade corporate bond of the week on Thursday, following Pennon’s £300m hybrid on Monday.

The MiFID II deadline stands. Firms who don't prepare to meet it won’t receive any grace or favour, the FCA has said. But the tough deadline of January 3, and continued lack of regulatory clarity, means firms that show they've done all they can should escape the worst effects.

The Bank of England Monetary Policy Committee meeting last week created a midweek pause in sterling issuance. However, once the meeting passed, Land Securities reopened the market with a £1bn pair of long dated tranches last Friday.