Christopher Spink covers financial restructuring across Europe, as assistant editor for International Financing Review. He is currently focusing on the Eurozone crisis as well as regulatory developments as part of IFR’s People & Markets team. Previously he wrote about M&A for another Thomson Reuters title Acquisitions Monthly. During his 15 year career Chris has also covered AIM companies and venture capital backed businesses, as head of research and deputy editor at Growth Company Investor. He also wrote best-selling book, "How to invest when you don’t have any money", when he worked at investment website The Motley Fool.
Punch Taverns is expected to publish full terms of its proposed £3.2bn debt restructuring scheme in the coming days but without securing the backing of senior creditors in its two securitisation vehicles.
Standard Chartered has admitted that rates trading since the end of September has continued to be weak, even despite a turnaround in markets after the US Federal Reserve decided not to taper its quantitative easing programme.
JP Morgan, HSBC and
- Punch moves on with restructuring plan without senior backing
- Banks seek public sector pension work
- Top London bankers see pay soar
- US challenges IMF debt re-profiling plan
- Number of banker millionaires rises again, London leads
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- FSB urges banks to increase oversight