Sanjeev Kumar leads a corporate advisory team at RBS designed to maintain the ability to provide large corporates with strategic advice after the bank’s exit from mergers and acquisitions and equity capital markets. He tells The Banker why talk is valuable.
The Bank for International Settlements suggests there is evidence that higher capital requirements for systemically important banks have led to higher interest rates on their lending to bolster return on equity. But interest spreads are still far lower than a decade ago.
The creation of a single financial institutions group at Barclays in February 2013 formalised increasingly close co-operation between coverage investment bankers and capital markets practitioners. The co-head of its FIG EMEA capital markets unit tells Philip Alexander how this has been working.