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Liquid Real Estate Awards

Liquid Real Estate Awards

2008 results released

Bank deleveraging has barely started

Bank deleveraging has barely started

Banks lending money to governments to help fund bank bailouts looks horribly circular

December 2007

Debt market round up: Citi merges capital markets sales divisions

by Alex Chambers and Jethro Wookey

Citi has merged its equity capital markets and fixed-income capital markets divisions.




The bank has appointed Tyler Dickson, until now the head of equity, to run this new division, called capital markets origination. The combination belatedly follows the lead of the US brokers and abolishes the credit business line.

Dickson reports to Jamie Forese, who was made head of capital markets following the departure of Tom Maheras. This carves out all debt origination from fixed income, currencies and commodities. FICC was only...


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