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Hybrid capital is open to the big US tech companies. But who needs an umbrella when the sun is shining?
The German state development bank this week proved a digital bond can survive losing its registrar. It was another proof of concept for digitalised bonds but only the ECB can make the market real
Premiums may not be at risk of increasing yet but caution should remain the watchword
It will be better for all in the long run if Venezuela can prioritise domestic spending over debt repayments
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Issuer's £280m deal was cleverly marketed
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With equity returns under strain, managers would do well to slow the pace of CLO issuance
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Issuance has kept going by giving investors just what they want
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John Healey resigned because the money was not there for defence. It may not be there for anything
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Bifurcation is emerging in how investors treat the hyperscalers
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Investors should feel more confident when BNPL products are regulated like mainstream consumer credit