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...“The ECB’s stance is clearly to limit rises in government bond yields and borrowing costs,” said Sophie Chardon, cross-asset strategist at Lombard Odier....
...After all, as TS Lombard convincingly argues, “Archegos showed the impact of forced deleveraging on financial markets”....
...The government bond market may be receiving a temporary boost from haven buying, said Lombard Odier chief economist Samy Chaar, after US president Joe Biden imposed sanctions on Russia....
...Chairman Peter Long last month admitted as much when he backed his own ousting as part of a recapitalisation that would have handed control to Alchemy Partners, the distressed business specialist....
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...He lasted 20 years as Lombard’s hometown MP, seven as TSC chair and only two at the CMA....
...The company also named former Nike executive Silvana Bonello as chief operating officer and said chairman Peter Williams will step down in 2021....
...Lombard Bunzl is commonly referred to as the most boring company in the FTSE 100. But at 17 times forward earnings, it doesn’t seem particularly cheap....
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...JD Sports Fashion, under blunt chairman Peter Cowgill, put the company into a prepack administration on Tuesday....
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