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Banking

WireTap 1400 04/05/12

A round-up of the key stories across the specialist financial media, including news that Roger Jones has resigned as global head of commodities at Barclays Capital to join Mercuria


Barclays commodities chief quits for rival

Roger Jones has resigned as global head of commodities at Barclays Capital to join Mercuria, the Geneva-based trading house that is expanding from its initial focus on oil into natural gas, power, metals and agricultural commodities, according to two people familiar with the matter.

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Iceland plans corporate Eurobond comeback as default legacy dims

Iceland wants this week’s $1 billion dollar bond sale to pave the way for the island’s companies to start selling debt abroad, less than four years after its biggest banks defaulted. 

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Euro set for biggest weekly decline in a month

The euro weakened for a fifth day against the dollar, after a European report showed the region’s manufacturing and services industries shrank in April more than economists predicted.

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US stock futures down

US stock futures moved lower on Friday, tracking losses for global stocks, gold and oil, as investors got jittery ahead of the release of non-farm payroll data.

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