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The UK government is consulting with market participants about new powers enabling it to block companies from listing their shares in the country on national security grounds. The move comes after concerns were raised about the 2017 listing of energy and metals company EN+.

The Loan Market Association has updated documentation around shifting legacy loan agreements from Libor to risk-free rates, with the trade body warning that there is only a short time frame left before major deadlines in the transition.

Former Goldman Sachs and Morgan Stanley banker Dolph Habeck has landed a senior syndicate role at SMBC Nikko in New York, following his recent spell at Greensill Capital.

Deutsche Bank has promoted two bankers from within to lead its Americas equity capital markets business.

A year and a half after Brexit, investment banks are still grappling with evolving requirements to run capital markets deals for EU clients from within the bloc, with consequences for the job market there and in London.

Natixis had not expected Brexit to happen, but after the vote, it pushed ahead anyway with plans to relocate staff to London. After four years and one strategic review, the French bank is now in the midst of moving staff back to mainland Europe.

JP Morgan has reorganized its leveraged finance capital markets operations in EMEA, with Todd Rothman and David De Boltz having relocated from London to New York.

The former co-head of Bank of America Merrill Lynch's EMEA corporate and investment bank, Bob Elfring, has returned to banking in a vice-chair role at JP Morgan after retiring in 2018.

Deutsche Bank has told staff in New York that they should prepare to be back in the office by Labor Day (September 6), as the firm works on plans to allow more remote working for some in the future.

The age of fintech is upon capital markets. Tech hopefuls are pitching platform after platform at banks as a way to haul capital raising into the 21st century. But fatigue is setting in among bankers, some of whom are questioning whether all of the problems that tech purports to solve really exist.

Santander has hired Abraham Douek from Citi to lead its coverage of financial institution and SSA clients within debt capital markets.

NatWest Markets will post two SSA bond bankers to Paris this summer, including the head of its frequent borrower group syndicate.