The issuance of this debt is expected to reach a record $AU900 billion this year, driven by strong growth in Europe and growing interest in Asia.
Trump 2.0 isn’t an anomaly; it’s the end game of decades of civic and institutional erosion. Democracy has been backsliding, not because of coups but through compliance, distraction and rule-bending. For those in the capital markets, the warning signs aren’t just political, they’re systemic – and economically material.
Tremelling pops up at RBC
(Pictured: Stephen Tremelling)
Stephen Tremelling, the former head of sales and business development for BNP Paribas Securities Services, has joined RBC Investor & Treasury Services as director of sales and distribution.
Tremelling left BNP last November after 10 years with the firm. His job there has been filled by former consultant, and previously custodian, Ian Perkins.
Prior to joining BNP in 2004, Tremelling spent about nine years at State Street, rising to become vice president of operations.
RBC services fund managers, but not super funds, in Australia. Its largest client is Perpetual Investments, which sold its former big inhouse asset servicing unit, Perpetual Fund Services, to the Canadian company in 2001.
