Americas

UBS opened the European bank earnings season on Tuesday with a strong set of results from its M&A and capital markets businesses, which CEO Ralph Hamers seized as an opportunity to play up the importance of talented bankers over the generous application of balance sheet.

Michelle Neal has left her position as head of US fixed income, currencies and commodities trading at RBC Capital Markets in New York to take a leading role at high tech corporate bond trading platform LedgerEdge.

Chilean electricity transmission company Interchile sold its first international bond on Monday, braving difficult market conditions to raise $1.2bn of green bonds.

A group of bondholders has hired lawyers in an effort to block a proposed consent solicitation from Argentine utility Edenor that seeks to free the issuer of its obligation to repurchase its bonds after a change of control provision in the indenture was triggered.

A pair of SSA borrowers are set to squeeze a pair of benchmarks in on Tuesday just before the summer holidays period commences in earnest.

Santander intends to enhance its fixed income offering in the US by buying Amherst Pierpont Securities, a broker-dealer based in New York, for $600m.

Peru published its sustainable bond framework on Friday, after the finance ministry issued a resolution approving the document and therefore paving the way for the incoming government to issue what would be the country’s first sovereign ESG bond.

Large US banks are expected to turn their attention to the euro market next week, having raised $21.75bn of debt in their home currency after reporting their latest results.

A huge Japanese financial holding company is buying a stake in a US investment bank. Where have we seen that before?

As Western companies operating in Hong Kong await the details of a warning from the US State Department about the risks of doing business in the special administrative region, analysts say the growing rift between China and the US is putting HSBC in an especially uncomfortable position.

Mexican real estate investment trust (Reit) Fibra Soma debuted in international bond markets on Thursday with a $600m deal. Investors said it offered an attractive spread over its larger, more established competitor Fibra Uno.

Japan’s Sumitomo Mitsui Financial Group has formed an alliance with Jefferies and is providing the US investment bank with capital to pursue its ambitions in leveraged finance.