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Innovation is rampant again in structured finance
The way PE firms operate is changing and banks are being forced to adapt
Creative sovereign bond structures should be used for debt sustainability, not short-term financial engineering
Even if some investors are brushing off the risks of an escalating conflict in the Middle East, not everyone shares their confidence
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Overgrowth of compliance is slowing down change
In a race between new European CLO indices, the winner will be the market
The market needs a rethink on how to understand and handle the price advantage for green bond issuers
Lack of progress on debt restructuring has been scaring investors away from EM bonds
Leaders
If rate cuts are further delayed, the red hot streak of floating rate note issuance will continue
Half-cooked climate policies put them right in the crossfire
Investors are hungry for floating rate notes
Markets have become tricky and treacherous again
Southpaw
Nearly three years after its reboot, UniCredit’s corporate finance business is starting to motor as Andrea Orcel’s performance-led ethos yields results
Société Générale’s plan to escape its long underperformance is an old idea: ‘originate to distribute’
Bill Winters has one chance left to secure his legacy as Standard Chartered CEO. The exit of Simon Cooper is just the beginning
Michael Klein’s attempted spin-off of Credit Suisse’s investment bank was complex and conflicted, but it could have reshaped the landscape in a way the UBS takeover does not