Banks

The European corporate bond market had to wait just one day for the first new issue of 2019. Some participants had expected volatility in the global financial markets to result in a blank first week for corporates, but finance subsidiaries of Renault and Toyota opted to start their financing for the year on Thursday.

Poor market conditions at the start of 2019 could leave investors facing a long wait for new subordinated bank bond supply in euros, adding to a month without any issuance in the sector.

Israel has opened the CEEMEA primary bond market for the year, mandating three banks for a euro denominated 10 year and/or long dated benchmark Reg S note.

Several Chinese borrowers ventured into the bond market at the end of December, locking up last-minute deals that were mainly supported by anchor orders.

JP Morgan brings back healthcare banker — Malaysia slaps first 1MDB charges on Goldman

The Hang Seng Index’s appalling start to the new year has made ECM bankers and investors ultra-cautious about the market, and most participants are taking a wait-and-see approach. Christie Ou reports.

Two senior Morgan Stanley bankers are set to retire from the US investment bank this year.

Barclays has asserted its credentials as Europe’s top investment bank with market share gains in 2018, but can it shake off lingering doubts about the franchise, asks David Rothnie.

Qatar’s Doha Bank has closed a $525m unsecured facility as lenders demonstrated healthy appetite for the small and politically isolated Gulf country.

LBBW decided against competing for investors' attention with Commerzbank on Wednesday and has opted to give investors time before opening order books for its first covered bond of the year on Thursday.

Nomura has hired Tom Lowe to cover financial institutions in the UK and Ireland.

Commerzbank reopened the covered bond market with the first covered bond of the year and the first in more than a month. The generously priced two part transaction was slow to start, but in the context of a weak and volatile market backdrop, the size was impressive.