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John Healey resigned because the money was not there for defence. It may not be there for anything
Bifurcation is emerging in how investors treat the hyperscalers
Investors should feel more confident when BNPL products are regulated like mainstream consumer credit
Collateral change has SSA issuers eyeing sterling — but it has strengthened one bid, not brought in new buyers
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The World Cup is being played outside European trading hours, but don't underestimate its potential for disruption
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Hybrid capital is open to the big US tech companies. But who needs an umbrella when the sun is shining?
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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
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Premiums may not be at risk of increasing yet but caution should remain the watchword
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It will be better for all in the long run if Venezuela can prioritise domestic spending over debt repayments
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The rollover risks sovereigns are accepting in exchange for cheaper funding