Esma to review bond liquidity annually

EU's final verdict on bond trading requires top markets regulator to revisit the rules each year – despite its stated opposition to such an approach

• Esma chief rejects yearly review of Mifid bond rules

• Mifid II's bond rules set for yearly review

Trading & Technology - Regulation

CVC boosts female partner ranks with JP Morgan hire

US bank's former European healthcare head becomes the only female partner at CVC's buyout arm

Alternatives

Direct lenders look for Brexit opportunities

Funds are hoping that they can capitalise on a slowdown in bank lending after the Brexit vote

• Q&A;: Canada's PSP eyes Europe debt after ex-HSBC hire

Alternatives - Private Equity

City job vacancies drop by a third

June recruitment postings down from a year earlier as number of jobseekers rises

• Help! My job offer changed after Brexit...

• Advisory boutiques eye a Brexit bounce in talent search

Investment Banking - People

Ashmore trading results upbeat on emerging markets

Outflows at sector asset manager continue to narrow as hedge funds gradually cut short positions

Asset Management

Credit Suisse appoints Deutsche exec to lead Europe M&A;

Hire comes as Swiss bank is investing in its advisory and capital markets businesses as part of a company-wide restructuring

• Credit Suisse scores $10 billion tech treble

• Credit Suisse adds fresh M&A; talent with Barclays hire

Investment Banking - People

Deutsche Bank shuffles M&A; ranks

Americas chief to leave, while Bank of America Merrill Lynch banker joins as regional co-head of technology M&A;

• Deutsche's new M&A; boss: A 'southern gentleman' ready for a scrap

Investment Banking - Mergers & Acquisitions

First US trader convicted of ‘spoofing’ gets three years

Michael Coscia is the first to be criminally prosecuted after the bluffing tactic was outlawed by Dodd-Frank

• Commodities trader found guilty in 'spoofing' case

Trading & Technology - Regulation

All change at No 10; no change at Threadneedle St

COMMENT: The UK central bank kept rates steady once again, but action is highly likely once the impact of Brexit emerges

• Sterling leaps after BoE holds rates steady

Comment

Deutsche Börse wins key majority support for LSE merger

• Deutsche Börse lowers tender offer to save LSE deal

• Big Deutsche Börse shareholder backs LSE merger

Trading & Technology - Market Infrastructure

Russell hands UK institutional reins to Middle East specialist

• More top brass leaves Russell Investments

• Russell Investments suffers senior exits

Asset Management