SAM330 USAF G5 nw from JBA depart
BOXER43 USAF C-40C west from JBA
THis AC made a trip to SFO on 0514 and returned to JBA on 0517
morning
SAM330 USAF G5 nw from JBA depart
BOXER43 USAF C-40C west from JBA
THis AC made a trip to SFO on 0514 and returned to JBA on 0517
morning
Deutsche Bank hires top Credit Suisse ECM banker Gruffat
Deutsche Bank (DBKGn.DE) has hired Credit Suisse's (CSGN.S) Stephane Gruffat as co-head of its equity capital markets unit in Europe, marking the departure of another senior banker from the Swiss lender which has been involved in a run of scandals.
Gruffat joins the German bank's equity capital markets for Europe, Middle East and Africa after over two decades at Credit Suisse, according to an internal memo seen by Reuters. Gruffat was most recently head of the equity capital markets syndicate at Credit Suisse. His move represents something of a coup for Deutsche Bank, which trails its Swiss rival in the global ECM stakes, and follows other recent departures from Credit Suisse. Last week, Reuters reported that Didier Denat, who spent 21 years at Credit Suisse, was to join Citi to help lead its alternative assets franchise in EMEA.
Credit Suisse has been plunged into crisis after losing more than $5 billion from the collapse of U.S. investment firm Archegos and suspending funds linked to collapsed British supply chain finance company Greensill Capital. The scandals have forced the bank to trim bonuses at a time when most of its rivals are expected to raise payouts after a bumper quarter for trading. The ECM sector has been one of Credit Suisse's bright spots though, with its strong tech franchise in the United States helping keep it competitive with its Wall Street rivals.
At Deutsche Bank, Gruffat will also be head of ECM syndicate for the EMEA region, and will report to Henrik Johnsson, the German lender's co-head of capital markets and European investment banking.
Deutsche Bank reported its highest profit in seven years for the first quarter, driven by its investment bank that benefited from the boom in listing special purpose acquisition companies (SPACs) Data from Refinitiv shows that Deutsche Bank lies 16th in the league table of capital raised on stock markets globally with $6.65 billion. Credit Suisse is in seventh place in that table with $15.38 billion of league table credit.
Gruffat has helped manage several high-profile stock market fundraisings in Europe including the listing of Spanish fund distribution firm Allfunds (ALLFG.AS) in Amsterdam last month.
https://www.reuters.com/business/deutsche-bank-hires-credit-suisses-gruffat-emea-co-head-ecm-2021-05-20/
EU slaps Nomura, UBS and UniCredit with $453 million fine over โtrading cartelโ
The European Commission, the EUโs executive arm, has found seven investment banks guilty of breaching its antitrust rules during the 2008 global financial crisis, with three of the banks receiving fines.
The seven institutions participated in a โbonds trading cartelโ in the primary and secondary market for European government debt between 2007 and 2011, the commission said a statement Thursday. Traders used chatrooms to exchange commercially sensitive information, discussing their bidding strategies in the run up to debt auctions, the commission added. โOur decision against Bank of America, Natixis, Nomura, RBS, UBS, UniCredit and WestLB sends a clear message that the Commission will not tolerate any kind of collusive behavior,โ Margrethe Vestager, the head of competition policy in the EU, said in a statement. Nomura, UBS and UniCredit are now due to pay a combined fine of 371 million euros ($453 million).
A spokesperson for Nomura said the decision was related to behavior from two former employees at the bank, for an approximate 10-month time period in 2011. โNomura will consider all options, including an appeal. Since the time of the relevant conduct, Nomura has introduced increased measures to ensure that we conduct our business with the highest levels of integrity at all times,โ the spokesperson said via email.
UBS and UniCredit were not immediately available for comment when contacted by CNBC on Thursday.
NatWest, previously known as RBS, was not fined because it reported the wrongdoings to the commission.
Bank of America and Natixis do not have to pay a fine because their infringements have passed the time limit for sanctions and Portigon, formerly WestLB, didnโt receive a fine as it failed to report a net turnover in the last financial year.
โIt is unacceptable, that in the middle of the financial crisis, when many financial institutions had to be rescued by public funding these investment banks colluded in this market at the expense of EU Member States,โ Vestager also said Thursday.
https://www.cnbc.com/2021/05/20/eu-fines-nomura-ubs-and-unicredit-in-antitrust-case.html
BOXER49 USAF C-40C west from JBA depart
This AC went to JB Elmendorf Anchorage on 0515 and returned to JBA on 0517
habs 6 USAF C-130 Hercules heading sw from Bangor, MN
Just passing over the Finger Lakes Region of NY State
>but have to clear cache every now n then or else i constantly error out.
Do that just as a precaution every hour or so.
Looks like all the browsers are pulling the "not secure" BS when coming here nao.
dunno yet
Bangor pretty busy all the time
Tankers and also as a refuel stop for trans-atlantic heavies.
Germans use it much too
I'll keep an eye on 'em
ODIN99 USAF E-4B Nightwatch departed Seymour Johnson (kek) AFB, Goldsboro NC ne
09-0017 USAF C-32A departing JBA-looks like another cert/maintenance flight
morning B
doing well.
yep it be gone
woulda made some big noise if it wasn't by dis morn.
Looks like fapjack can't keep a lid on fee-fee's...trip code and all that at end o bred
chek't
knew little about discord prior to them using it as a scapegoat
and the they use it.
kek
wouldn't do it either.
never understood the "i gotta tell ya" part of all this from many
and it's nao lather, rinse, repeat ober der as usual
the "fights"
ODIN99 USAF E-4B Nightwatch trails 09-0017 USAF C-32A that departed JBA south.
Mebby not just a routine cert/maintenance flight
>entire board
Took longer than I thought
dat's wut habbens when you are married to a narrative.
Said that when they first started the latest last year.
nope NOT a BV at all
kek
chek't