UK

HSBC has announced Mehmet Emin Mazi will be taking over the role of global head of traded credit.

The UK government is set to sell a chunk of at least £2bn of Lloyds Bank shares to retail investors as it pursues its plan to fully exit from its shareholding in the bank.

Royal Bank of Canada was set to sell a three year floater on Monday, offering investors their first taste of sterling denominated senior unsecured bonds in nearly four months.

The Ranger’s favourite expression — “The rules are, there ain’t no rules” — was thoroughly quashed last week by a load of bankers who love rules.

Stonegate Pub Co on Friday sold an £80m tap of its 2019 secured bond, despite a deserted high yield market, and after being downgraded by Standard & Poor's that morning.

Bunzl, the unrated, FTSE 100-listed distribution and outsourcing company, has issued a $600m US private placement.

The Bank of England moved closer to imposing a counter-cyclical capital buffer on UK banks last month, and will review its decision again before the end of the year.

The LSE announced on Tuesday that it had appointed Nikhil Rathi as its new chief executive officer.

Stonegate Pub Co, the fourth largest in the UK’s managed pub sector, offered on Thursday an £80m tap of its debut fixed rate note, to fund the partial purchase of peer firm Tattershall Castle Group.

Royal Bank of Scotland has promoted two bankers to replace the head of its German business who is leaving.

The Royal Bank of Scotland has confirmed Gordon Taylor in position as head of debt capital markets, following the restructure of its primary business announced last week.

Glencore's investors are jittery, and rightly so. But a single note, with a hypothetical scenario in but no new news, should not wipe £4bn off the market cap.