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The Bank of Nova Scotia (Scotiabank) issued CAD$1.25 billion in 10-year bonds in early July, and announced an interest rate reset on a further CAD$1.25 billion of limited recourse capital notes.

The new bonds are due 1 August, 2036, and have a 4.223% coupon. Funds are expected to be used for general banking purposes.

Scotiabank reported CAD$9.8 billion in reve...


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At the end of last month, MarketAxess was acquired by ICE and announced that it would no longer publish its monthly statistics. Data from June shows that the firm has lost its hold on the US credit e-trading market.

READ MORE: ICE buys MarketAxess<...


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Azhar Hussain has joined Amundi as a portfolio manager and head of global high yield.

He is based in London.

Investment manager Amundi reported €2.6 trillion in assets under management in its Q2 results, up 14% year-on-year. Christophe Kieffer is head of the firm’s trading desk, Amundi Intermediation.

Hussain has more than 25 years of industry experienc...


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Why muni electronification is triage, not transformation 


TRADER FATIGUE
For a muni trader, more electronic activity does not always feel like less work. It can mean more requests, more bids-wanted, more stale-price risk, and more decisions about which pieces of flow are real, and which are just a...


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Diego De Giorgi has joined Apollo Global Management as head of EMEA. He is based in London.

In its Q2 financial results, Apollo reported US$1 trillion in assets under management.

Vivek Dasani is head of European trading at the firm.

De Giorgi has more than 30 years of industry experience and joins the firm from Standard Chartered Bank, where he has been...


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