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Rick Watson

Securitisation has been damned as the carrier that took the subprime contagion to institutions across the world, but the head of the European Securitisation Forum insists that the real economy needs this funding source more than ever. Matthew Attwood…

Roche

An in-depth look at the primary market's most innovative transactions. This month: the $16bn deal from Swiss pharma firm Roche, and Westpac's yen issue

Missing link

Banks are unable - or unwilling - to hold bond inventory for resale in the secondary markets, meaning that their traditional role as middleman in the buying and selling of bonds is not being fulfilled. William Rhode looks at whether things will continue…

Pacini promoted, Tranter departs as BNP merges sales roles

BNP Paribas Corporate & Investment Banking in London has merged sales roles in its equity derivatives operation under the leadership of Jean-Eric Pacini. Pacini's expanded sales role includes responsibility for flow sales, a business previously headed up…

Tranter leaves BNP

Nick Tranter, BNP Paribas' London-based European head of equity derivatives flow sales, left the bank this week. His responsibilities will be taken on by Jean-Eric Pacini, formerly head of structured product sales for the bank in London.

UBS replaces CEO

UBS named Oswald Grübel as its new group chief executive today after Marcel Rohner left the bank.

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