Markit has appointed Charles Longden as managing director in fixed income and credit. Longden will focus on expanding the firm’s fixed income and credit businesses. He will also develop new products and services designed to bring greater transparency and liquidity to the fast-growing carbon markets. Longden joins Markit from ABN AMRO where he worked for 12 years, most recently as global head of credit trading and eco-markets. He was the chief architect of the iBoxx CDS Notes, the forerunner of the iTraxx CDS indices that Markit now owns. Prior to ABN AMRO, Longden worked in bond sales and trading at Royal Bank of Scotland. Longden, who will be based in London, will join Markit at the end of May.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
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Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.