Barclays
-
Barclays has replaced most of its C-suite, hired expensive bankers and traders from top firms, recommitted balance sheet to fixed income trading, and proclaimed its commitment to a still-underpowered investment bank. But the effects of all this are still dwarfed by the UK bank’s approach to litigation.
-
The Autonomous Community of Madrid is prepping its second ever sustainable benchmark, after mandating banks on Monday.
-
-
Barclays has hired a new global head of electronic equities from Credit Suisse, following Stephen Dainton into the revamped UK firm, and signalling the importance of electronic execution.
-
-
-
The US high grade bond market remained open for business through the market sell-off this week, underlining its resilience.
-
Rail travel will be the centrepiece of the Belgian government’s green bonds, the framework for which was revealed on Thursday morning at meetings in Brussels.
-
Despite heavy volatility in the equity markets, in fixed income, public sector bond issuers had an excellent week. A cool €10bn hit the market in tenors from five to 15 years and from all parts of the spectrum within the asset class. Lewis McLellan reports.
-
UK media company Entertainment One has tapped its outstanding 6.875% bonds due 2022 for £70m ($97.6m), as the company looks to snap up the remaining stake in the television studio Mark Gordon Company that it does not already own.
-
Qatar National Bank (QNB) has signed a $3.5bn loan with 21 international banks, with one of those also selling over $2.3bn of MTNs for the issuer, showing that banks’ jitters about supporting Qatari entities in the wake of the dispute between the sultanate and six other Arab states have partly been assuaged. Bianca Boorer and Virginia Furness report.
-
After being sidelined by volatility in the equity market this week, Greece made it to market on Thursday with a €3bn seven year.