Americas

Charles Pitts-Tucker has been promoted to international head of investment banking at Nomura, alongside a string of other moves at the Japanese bank.

The outcome of Ukraine’s presidential elections at the end of March will bear great influence on the nation’s economic future, and investors are fearful of the results.

Bond investors are betting that Brazilian steel producer Companhia Siderúrgica Nacional (CSN) can complete its comeback from the brink. Its bonds have rallied strongly enough for some holders to speculate a new issue may be on the cards.

Hong Kong-based online brokerage Futu Securities is on track to raise $160m after cutting the size of its IPO and signing up international investment fund General Atlantic for a private placement.

There is a fantastic case for owning Tesla shares, but investors cannot realistically asses its merits when the price is prone to huge daily moves, often driven by the whim of its errant leader. The Securities and Exchange Commission (SEC) needs to muzzle Musk.

John McFarlane, chair of Barclays, said on Monday that he hoped the EU would not turn its back on London in the Brexit negotiations. However, he expected financial activity to move out of London to Europe, and thought that — on a global scale — faster-growing economies in Asia and the US, and big technology firms, could reshape the financial industry.

In this round-up, the US trade representative’s office announced the delay of a China tariff increase, the Shanghai Stock Exchange released detailed rules for its tech board and China’s annual planning session gets set to address issues including economic growth targets and foreign market access

Government-owned Costa Rican lender Banco Nacional de Costa Rica (BNCR) is looking to buy back a portion of its shortest-dated international bond.

Peruvian business group Alicorp may soon join the sparsely populated Latin American new issue pipeline as it looks to refinance an acquisition-driven bridge loan in the capital markets. Yet Moody’s and Standard & Poor’s have taken differing views on the transaction.

A chilly east wind may be reminding Londoners it’s only March, but an unseasonal summer continues to blaze in the corporate bond market. Medtronic, the US-Irish maker of high tech medical devices, made its debut in the currency today with a six tranche extravaganza that attracted over €30bn of demand.

Singapore-based internet company Sea is planning to issue a new chunk of its US-listed equity, according to a filing with the regulator.

There was more bad news for Mexico’s standing in bond markets last Friday evening as S&P shocked many market participants by slapping a negative outlook on the sovereign’s BBB+ rating.