Tim Hailes, v.p. and assistant general counsel at
JPMorgan in London, explaining the problems resulting from some
derivatives houses not switching to the International Swaps and
Derivatives Association's 2002 equity derivatives
definitions.
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
