Top Section/Ad
Top Section/Ad
Most recent
Reforms should focus on banks' access to liquidity, not capital
Issuer has set the stage for peers to return to public market
Green investors buy when everyone else stops, giving issuers one last pricing lever — perhaps to cross a line none of them wants to reach
Investors are still around and issuers can get ahead of the September rush
More articles/Ad
More articles/Ad
More articles
-
Ever since European Central Bank president Mario Draghi announced corporate bonds were to be included in the central bank’s quantitative easing programme, there has been a cacophony of dissenting voices debating the rights and wrongs of the policy. Yet no one seems to be talking about the biggest concern as the end of QE nears: the valuation of bonds the policy has affected.
-
A few brave souls at supranational institutions spoke out this week in favour of pricing green bonds inside vanilla deals — and rightly so. Investors’ conscience salving shouldn’t be free.
-
GlobalCapital met a senior banker at a rival firm this week, who, when asked what he’d do as chief executive of Deutsche Bank, mimed placing a gun to his temple. Chief executive Christian Sewing has been in the job less than a month, and has opted to turn his gun on the bank’s US business instead.
-
Two pieces of news this week highlight how environmental, social and governance (ESG) investing is conquering the capital markets. But both carry a risk of intellectual laziness.
-
The derivatives industry is engaging with efforts to create credible alternative reference rates to Libor, but three years is too little time to achieve this and more attention needs to focus on the existing benchmark itself.
-
Ewald Nowotny, governor of the Bank of Austria, has long been counted as having one of the more hawk-like squawks among members of the European Central Bank's governing council. But even he caused a shock this week with his discussion of impending rate hikes.