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While big long-only investors will give IPO issuers time in early look meetings, they have become very reluctant to give price guidance
Hire follows senior bankers quitting
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Marcel Grélat will depart after more than 30 years at the bank
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The way PE firms operate is changing and banks are being forced to adapt
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New recruit in Paris will run sustainability for global markets
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◆ Swiss finance minister suggests $10bn-$25bn additional capital for the single largest bank ◆ Equivalent to increase of 20-30% CET1 ◆ Changes ‘broadly positive’ for bondholders, but AT1 spreads could face pressure
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SSA DCM hire ends DZ Bank’s 'recalibration' of its SSA DCM desk
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