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Citigroup hires Credit Suisse’s Scott Bardo for Europe Medtech

BLOOMBERG Citigroup Inc has hired Credit Suisse investment banker Scott Bardo as it seeks to beef up its ranks of health-care dealmakers. Bardo is set to join Citigroup as a managing director and head of medical technology, life sciences tools and diagnostics for Europe, the Middle East and Africa, according to an internal memo seen by Bloomberg News. He will ...

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MUFG plans to sell dollar AT1 bonds in first for Japanese banks

BLOOMBERG Mitsubishi UFJ (MUFJ) Financial Group  Inc has mandated banks to sell dollar-denominated Additional Tier 1 bonds, in what looks set to be the first such offering in the US currency by any Japanese lender. The nation’s banks have long issued AT1 notes in yen because of lower borrowing costs. But they may consider selling such debt in dollars to ...

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DBS, Citi’s banking services resume after data centre disruption

BLOOMBERG DBS Group Holdings and Citigroup said banking facilities have resumed following a disruption that prevented customers from fulfilling transactions across various platforms. Services are working again after a technical issue at an Equinix Inc data centre used by the lenders was resolved. Payment services were down for several hours, and customers cited the inability to use their cards, access ...

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