UBS, Citi hire into APAC in desk reshuffles

Citi appoints a new head of markets for ASEAN; while UBS reshuffles its APAC team with a new head of global markets for Australia and a new head of derivatives and solutions for Australia.  

Credit Suisse: How it started, how it’s going…

Equity and bond markets have both been hit by the fallout from the forced Credit Suisse sale, while the ripple effect could have a far broader impact on long-term market liquidity. To conclude a crazy week, we bring you a quick round-up of what this means across the asset classes – and why bank funding may never be the same again.  

Lone CoCo bond escapes the Credit Suisse carnage

A $2.5bn Credit Suisse security has escaped the recent write-down by virtue of some unique Tier 2 features, leading to a substantial bounce in value – and a renewed focus on the importance of reading the fine print.