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Vulnerable nations' - fury at climate finance betrayal
Ministers of some of the islands most vulnerable to the impacts of climate change have delivered a stark warning to rich countries that they need to come up with the cash they were promised as part of the landmark Paris agreement
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'Deutsche Bank could learn from us' - Ukraine hails reform agenda
The deputy governor of the central bank of Ukraine said that Deutsche Bank could learn from its achievements in stamping out corruption, overcapacity and inefficiencies. Dmytro Sologub also tells GlobalMarkets how he reduced inflation from 43% last year to 12% this year
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Global tightening threatens Africa investment push
Countries like Ghana now have sovereign bond spreads above 1,300bp — just one example of the tightening financial conditions that is making it hard for African nations to raise money to fund much-needed investments, policymakers have told GlobalMarkets
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Philippines declares itself 'open for business' to China
The Philippines' finance minister Carlos Dominguez tells GlobalMarkets how he plans to "rebalance" its relationship with China and carry out extensive economic reforms to attract foreign investment
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Brics bank carves 100% green niche with first loan rollout
The vice-president of the New Development Bank, Paulo Nogueira Batista Junior, tells GlobalMarkets how his institution is lending on projects and issuing green bonds in line with the increasing concern with environmental issues
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VTB first on the block as Russia embarks on mass state sell-off
Russia is to put four large state-owned companies up for sale as it rushes to refill its reserves. Deputy finance minister Sergei Storchak also tells GlobalMarkets that the country will more than double its capital-raising capacity in 2017
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Alain Bifani: 'Lebanon's economy will not be derailed'
Alain Bifani, director general of Lebanon’s finance ministry, tells GlobalMarkets that he is about to launch a big infrastructure drive as a way of coping with the many challenges his country is facing as a result of the civil war that has engulfed neighbouring Syria since 2011 and forced ore than 1.5 million Syrian refugees to cross the border into Lebanon
| "I think the Europeans are dragging things" | |
| Christine Lagarde, IMF | Read full article |
FEATURES
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Goldfajn takes up the fight to revive Brazil
After two years of a crippling recession and a devastating political crisis that reached its climax with Dilma Rousseff’s impeachment in August, the new governor of the Brazilian central bank tells GlobalMarkets: “We have regained hope.” But how long will it take before the LatAm giant is back on its feet?
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Goodbye Great Britain
The last round of IMF lending to developed market countries (before the European sovereign crisis) was 40 years ago — when Britain was locked out of the capital markets and had to go cap in hand to the Fund
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Credit check: World Bank chief’s five year challenge after election rumpus
Jim Yong Kim faces a challenge in driving through his reform agenda in his second term amid criticism of his performance so far — and of the election system that handed him another five years in the top job
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Back to the future as IMF shrugs off Greek debacle to focus on EMs
The IMF’s independent watchdog gave the fund a strongly worded rebuke over its handling of the eurozone crisis. But analysts doubt this will change the way it deals with the stream of emerging markets beating a path to its door for help
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String theory: fiscal boosts back in fashion
Continued anaemic levels of economic growth after eight years of rate cuts and unconventional monetary policy have triggered calls for a new round of Keynesian fiscal stimulus. But is there a danger of another debt crisis?
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The debit and credit sides of fintech's African bank statement
A $200,000 fraud at a Ugandan microfinance outfit is a telling parable of the risks that financial technology companies face in seeking to deliver the benefits that its supporters have long claimed for the industry
COMMENT
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FINAL WORD: Elvira Nabiullina
Recovery must be backed up by reforms
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LEADIING VIEW: Andreas Dombret
Less regulation is not answer to bank stocks volatility
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FINAL WORD: Jim O'Neill
The $40bn investment in AMR that could save $100tr
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FINAL WORD: Mark Carney
Resolving the climate paradox
DAILY PAPERS
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Bank Profiles
Latest news by market and league table performance
Bond Comments
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APRR EU500m 1.25% Jan 27
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American Express EU1bn 0.625% 21
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BNG USD600m 1.625% Nov 19 sustainability bond
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Unibail-Rodamco EU500m 0.875% fEB 25
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Icade EUR500m 1.125% Nov 25
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Gazprom EUR1bn 3.125% Nov 23
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Sampo EUR750m 1% Sep 23
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Fonterra Co-operative Group EUR350m 0.75% Nov 24
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G4S International Finance EUR500m 1.5% Jan 23
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Statoil EUR600m 0.75% Nov 26, EUR600m 1.625% Nov 36
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Virgin Money GBP230m 8.75% AT1
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Republic of Slovenia EUR1bn 1.75% Nov 40
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Lukoil USD1bn 4.75% Nov 26
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Kuveyt Türk USD500m 5.136% Nov 21
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Jordan USD1bn 5.75% Jan 27
All International Bonds
| Rank | Lead Manager | Amount $m | No of issues | Share % |
|---|---|---|---|---|
| 1 | JPMorgan | 340,520.44 | 1493 | 8.66% |
| 2 | Citi | 322,536.73 | 1193 | 8.21% |
| 3 | Barclays | 281,640.13 | 931 | 7.17% |
| 4 | Bank of America Merrill Lynch | 280,165.26 | 1017 | 7.13% |
| 5 | HSBC | 239,327.62 | 973 | 6.09% |
Bookrunners of All Syndicated Loans EMEA
| Rank | Lead Manager | Amount $m | No of issues | Share % |
|---|---|---|---|---|
| 1 | JPMorgan | 37,251.93 | 66 | 6.92% |
| 2 | BNP Paribas | 33,525.86 | 154 | 6.22% |
| 3 | UniCredit | 32,809.27 | 150 | 6.09% |
| 4 | HSBC | 32,437.29 | 127 | 6.02% |
| 5 | ING | 23,268.20 | 127 | 4.32% |
Bookrunners of all EMEA ECM Issuance
| Rank | Lead Manager | Amount $m | No of issues | Share % |
|---|---|---|---|---|
| 1 | JPMorgan | 16,077.00 | 87 | 10.51% |
| 2 | Goldman Sachs | 12,543.77 | 68 | 8.20% |
| 3 | Morgan Stanley | 10,046.44 | 51 | 6.57% |
| 4 | Bank of America Merrill Lynch | 9,882.05 | 45 | 6.46% |
| 5 | UBS | 9,444.54 | 47 | 6.17% |






