Capital City is IFRe’s rolling digest of news, comment, and pure capital markets banter. CapCity will provide short, sharp takes from the Thomson Reuters stable — including IFR, IFR Markets and Reuters — as well as links to news sources around the world and a discerning filter of social media. You will also get an early taste of the deep news and analysis featured in the International Financing Review and our daily capital markets briefings.
Keith Mullin: HSBC’s Flint shows why bank chairmen and CEOs should be separate.
A final MS+31 for the new 30-year EFSF benchmark may be the tight end of talk, but the deal still looks like a bargain, with EFSF April 2037s on screens circa +10bp bid and similar consolidated European sovereign paper from EIB due 2042 a touch wider at plus 13bp.
IFR Editor-at-large Keith Mullin sifts through a major IB exodus.