Citi
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◆ Blowout books ◆ World Bank goes for dual trancher and dual currencies on same day ◆ EIB success formula discussed
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◆ OeKB jumps in early window ◆ Deal was its longest in sterling ◆ KfW finds window for small tap
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Barclays and Citi are following rivals in scrapping the bonus cap for material risk takers in London. But after a decade of salary increases, the outcome could prove better for banks than for bankers
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Investors dislike the lower transparency and liquidity inherent in private placements
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SSA issuers find investors receptive as summer pushes on
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Issuer starts with rare sterling seven year and mandates for new dollar dual-trancher
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ADB also issuing in sterling as participants expect more issuance
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Supra to bring one more dollar benchmark before year-end
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Far left and right could attack tax breaks and pro-business climate that have fostered growth
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Viswas Raghavan has taken charge of Citi’s investment banking division following the resignation of its top executive
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SSA issuers priced before US inflation data is announced
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Dollar-based funders return to the primary market