Top Section/Ad
Top Section/Ad
Most recent
Weak or half-hearted response to Greenland threats will leave markets crumbling
Over the last week the US president has pushed to make homes and consumer credit more affordable but these policies risk unintended consequences
Issuance volumes may be high but demand is even higher. Credit issuers in particular should take full advantage
Hounding the Fed does not make the US bond market more attractive
More articles/Ad
More articles/Ad
More articles
-
UBI Banca includes financing for "religious entities" as an eligible category under its new social bonds framework, listing eligible organisations as those “aiming at reducing exclusions and inequalities”. But it would take a miracle for the world’s largest religions — with their central tenets of ‘we’re special and you’re not’ — to meet that requirement, raising the question of who actually qualifies. -
Russia is doing it again — for the second time this year it has picked yet another politically unpalatable week to print a sovereign bond. It seems to be sticking a middle finger up to the west as it rolls around in cash and shows off the access the country has to capital markets. But if that was the motivation behind this issue, it has not accomplished its goals.
-
The European Central Bank is likely to decide soon whether to launch a new targeted long-term refinancing operation (TLTRO III) for banks. The market may already be forcing its hand, but the EU’s fight with Italy means the choice has wide-reaching implications.
-
Eurobank’s ambitious scheme to fully merge with its real estate firm Grivalia, hive off €7bn of NPLs, and sell a stake in its servicer was rightly welcomed by the market, with the shares bouncing on Monday morning and other Greek indices rallying. But it’s not something the country’s other banks can count on — the scheme relies on a generous backer, willing to double down on the troubled economy.
-
Populist parties such as Italy’s Five Star Movement are winning elections on platforms of transparency, reducing waste and removing corruption. But the biggest waste of money in Italy this year has been the party’s futile budget standoff.
-
Some equity investors are hoping for a surprise gift before year-end if Donald Trump strikes a deal with Chinese president Xi Jinping at the G-20 summit in Buenos Aires to end trade hostility between the two nations, but they're clutching at straws.
