“The market doesn’t like uncertainty. We’d like to operate in an environment where we understand what it is that is being proposed, but currently the basis on which the FSA might choose to exercise or not exercise the power is not terribly clear.”
“The market doesn’t like uncertainty. We’d like to operate in an environment where we understand what it is that is being proposed, but currently the basis on which the FSA might choose to exercise or not exercise the power is not terribly clear.”
—Timothy Hailes, chairman of the Joint Associations Committee, in response to a recent consultation paper issued by the Financial Services Authority on the Financial Conduct Authority’s use of temporary product intervention rules.
Tight funding levels and an abundance of investor cash made for brisk MTN issuance in 2025. The story may change in 2026, with public market issuance named as one factor that could crowd out private placements. But a broadening Asian bid for MTNs offers hope for the market, writes Diana Bui
Investors are said to be lining up for 2026 pipeline after equity capital markets moves past Trump tariff threat to mark a year of growth in deal volumes despite early volatility, writes Arthur Bautzer. Private equity sellers to use Galderma playbook to drive new listings
With Latin America bond issuance smashing through its previous record, market participants think the peak has passed. A market tipped to turn tougher is the reason, which will make 2026 a year when issuers and bankers will have to earn every basis point, writes George Collard, with volumes expected to stay high