Steve Slater is associate editor of International Financing Review based in London and is responsible for the People & Markets section. Steve has worked for Thomson Reuters since 2001. He joined IFR at the start of 2016 after a decade covering European banks for Reuters, including the financial crisis bail-outs and nationalisations, takeovers, senior management changes and industry scandals. He has worked as a financial journalist in London and New York, covering commodities, equities and banking and capital markets.
Goldman Sachs has named Jim Esposito as global co-head of its trading division.
Ten international banks are being sued for conspiring to fix prices of Mexican government bonds over an 11-year period, in a class action lawsuit in New York that could open up bond trading as another potential area of banking misconduct.
European Union regulators said former creditors and shareholders of Spain’s Banco Popular should not get any compensation, after the bank was put into resolution and immediately sold to Santander for €1 a year ago.