The Bond Market Association, which represents all of the leading sell-side institutions in the debt markets, has formed a distressed debt committee to work on legal, regulatory and market practice issues impacting the market.

Michael Carley from UBS will chair the committee. Arthur Hahn from Lazard will be vice chairman. Carley has been a director in the distressed debt group at UBS since 2001.

BMA to draw up best practice for distressed debt market

Piers Townsend

Moody's

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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The largest U.S. crypto exchange’s revenue fell short of Wall Street expectations.

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Wells Fargo to Name CEO Charlie Scharf Chairman

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Standard Chartered Quarterly Profit Jumps, Announces $1.3 Billion Buyback

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Individual investors are trading with abandon, driving up prices of everything from stocks to crypto—and turbocharging the brokerage business.

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WeWork Wants You to Know It’s a Grown-Up Real-Estate Firm Now

Companies have long leaned on entry-level workers to do grunt work that doubles as on-the-job training. Now ChatGPT and other bots can do many of those chores.

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The shooter who killed four including Blackstone executive and NYPD officer left suicide note indicating he believed he had CTE from brain trauma, Adams says

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The pact imposes a baseline tariff of 15% on the U.S.’s biggest trading partner.

Trump and EU Reach Tariff Deal, Avoiding Trade War

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CEOs Trumpet Smaller Workforces as a Sign of Corporate Health 

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Many in the Gen Z generation missed out on critical experiences during the pandemic. Bosses should be filling in those gaps.

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NatWest Raises Outlook, Launches Buyback After Strong Quarter

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The Davos founder rejected preliminary findings of misconduct, including improper travel expenses and gifts.

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Julius Baer’s Net Profit Falls on Higher Loan Provisions, Brazil Unit Sale

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