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.
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The International Monetary Fund should be more transparent in how it reaches its decisions in order to restore its reputation as a politically unbiased provider of emergency funding to troubled sovereign borrowers, according to a former senior staff member.
Barclays has confirmed that a team of 60 quantitative traders will leave the bank by the end of the year as part of an ongoing restructuring of its investment bank.
There was some surprise in the market when holders of senior bonds escaped a bail-in in the rescue of Banco Espirito Santo, but perhaps there shouldn’t have been given that the European Central Bank was a major creditor of the Portuguese bank.