Philip Wright - Associate Editor Fixed Income/Emerging Markets Philip Wright is an associate editor at IFR in charge of the fixed-income sector, across investment-grade, high-yield and emerging markets. He joined IFR in July 2000, having previously been on the banking side in a number of trading positions in the floating-rate note market, the most notable of which were five years at Girozentrale Vienna and four at Sakura Finance. He also has experience of portfolio management and broking in a City career that began in 1982.
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While the bond markets have not been entirely closed by events in Greece, there has been precious little new issuance in spite of a pipeline that has been continuing to grow.
Thomson Reuters’ review of the first half of 2015 in the debt capital markets showed overall global debt capital markets activity dropped 12% from the same period last year.
BNP Paribas is combining its bond and loan syndicate teams to form a single global syndicate platform, according to an internal memo seen by IFR, in the latest shake-up to the French bank’s investment bank under new boss Yann Gerardin.