News
BoA supplements global forex team
Bank of America (BoA) has beefed up its foreign exchange capabilities during the past month by making a number of new staff hires.
Hybrids on track in the US
Bankers predict hybrid capital volumes to intensify this year and reach as much as $65 billion
S&P predicts greater sovereign rating demand
Ratings on emerging market sovereigns will be a growth area, says the agency
Hedge trade error costs Nordea EUR20 million
The incorrect hedge registration by a trader went unnoticed for several weeks
Lehman launches high-yield loan index
The move is in response to the growth of high-yield floating-rate leveraged loans
BAA bondholders win covenant concession after takeover bid
Buyout talk prompts BAA bondholders to demand - and gain - a change-of-control clause in new bonds
BoA re-aligns loan assignment fee structure
The changes bring the bank in line with other major banks in waiving certain fees
Isda issues follow-up to Novation Protocol
The Novation Protocol II differs from the original in being open-ended