Bank of America

Tata Power subsidiary Khopoli Investmentshas launched into syndication a $135m two year loan with two banks.

Baozun Inc’s decision to slice its IPO on Nasdaq to $110m paid off with the stock trading higher on its debut and investors signing up in droves after it relented to a lower offer price.

While banks have engaged in some genuinely appalling conduct and been punished for it, the quantum of fines has become seriously disconnected from — well, anything. It is not just bad for bank shareholders, it is bad for regulatory credibility.

A dollar market that has been a haven for issuers avoiding the troubled euro sector is starting to show signs of congestion, bankers have warned.

General Electric became the latest US issuer to hit the euro bond market with a multi-tranche deal on Wednesday. Unusually, the bond was issued by GE itself, not GE Capital.

Harman International Industries, the US audio equipment manufacturer, made its euro bond debut on Wednesday, putting together a sub-benchmark deal that will be used in part to finance its acquisition of part of Bang & Olufsen.

FirstRand — Deutsche Wohnen — Immofinanz — Stadtwerke München — BSN Medical — Schenck — Technicolor

Lloyds Bank priced its second Environmental and Social Governance (ESG) bond on Thursday as ABN Amro lines up to issue the first green bond in euros from a financial institution.

Dealers representing more than 60% of the foreign exchange market have pleaded guilty to criminal charges in the US. Citi, JP Morgan, Barclays, Royal Bank of Scotland and UBS have all entered guilty pleas over their foreign exchange conduct on Wednesday.

Eurofima has sold its first dollar benchmark in five years, raising $1bn from a book of over $1.3bn with a May 2020 deal.

Illinois Tool Works, the US machinery and components maker, issued its third euro bond on Tuesday, taking what bankers away from the deal judged a “conservative” approach by selling eight and 15 year tranches.

McDonald’s Corp fell victim to a lack of demand for long dated euro bonds on Monday. It was forced to pull the 20 year component of what had been planned as a four tranche deal.