People & Markets - All Articles

  • Bots prepares 2021 launch for DCM platform

    Bond Origination Technologies (Bots), a new tech company that aims to automate pricing indications in the primary debt capital markets, has completed an initial fundraising round and formed an advisory board ahead of a launch next year. GlobalCapital spoke to the founders to find out more about the product.

    • 24 Nov 2020
  • Chinese bonds stable amid regulatory noise, repayment promises

    Chinese domestic bond investors got a break from a wave of recent selling pressure this week, after a statement from a powerful financial regulator and a repayment pledge from one beleaguered issuer. But high-profile defaults continue.

    • 24 Nov 2020
  • Schroders targets pandemic opportunity with new private securitized fund

    Schroders has closed a new private credit fund, which will use a mix of securitized bonds, warehouse lines, direct loans and other instruments to target dislocated opportunities as the impact of the Covid-19 pandemic plays out in credit markets.

    • 23 Nov 2020
  • Goldman changes UK IB and ECM leadership

    Goldman Sachs has appointed new heads of its UK investment banking and EMEA equity capital markets businesses.

    • 20 Nov 2020
  • Brexit lost in translation, pandemic support lost in transition

    This week in Keeping Tabs: US treasury secretary Steven Mnuchin asks the Fed to give back emergency funding, bond markets prove their real worth, and why Brexit negotiators need to realise that English isn’t the only language.

    • 20 Nov 2020
  • DirectBooks launches communications platform for corporate bonds

    DirectBooks, led by nine global investment banks, has announced the launch of its core service to streamline communications in the primary issuance process for corporate bond deals.

    • 20 Nov 2020
  • New bid to solve bank carbon footprint enigma

    An accounting standard was launched on Wednesday that could prove a major step forward in how banks and investors calculate their contributions to climate change, and their progress towards net zero emissions.

    • 19 Nov 2020
  • Deutsche Börse advances in ESG with ISS buy

    Deutsche Börse has beefed up its offering in sustainable finance and corporate governance services through purchasing a majority stake in ISS, the ESG data and analytics provider.

    • 18 Nov 2020
  • 'US direct lending saturated,' says Pemberton

    Symon Drake-Brockman, the founder and managing partner of European direct lender Pemberton Asset Management, thinks that the US direct lending market has matured to such an extent that further growth is tricky, whereas Europe still has fruitful opportunities ahead.

    • 18 Nov 2020
  • UK’s green plan slammed for lack of funding

    Boris Johnson, UK prime minister, announced on Tuesday night a 10 point plan for the environment, including phasing out petrol cars by 2030. But policy specialists are disappointed that the plan lacks financing commitments and especially that there is no announcement of a national investment bank.

    • 17 Nov 2020
  • By losing Brexit finance battle, UK may have won war

    The UK this week abandoned hope of winning a mutual deal on financial regulation equivalence with the EU, and did what many had expected: unilaterally granted European firms access to the UK’s market without gaining matching rights for UK firms. But although this looked like surrender, lawyers believe the UK might have the upper hand.

    • 12 Nov 2020
  • People moves in brief

    BTIG hires Hugo Clark — Floris Hovingh joins A&M

    • 12 Nov 2020
  • ECB slashes carbon-heavy corporate bond buying in October but no trend yet

    The European Central Bank cut in October the share of corporate bonds it bought that have lower ESG ratings, according to analysis from ABN Amro, leading some bankers to predict less technical support to come for parts of the corporate bond market.

    • 10 Nov 2020
  • Alvarez & Marsal builds up private debt advisory with Deloitte hire

    Professional services firm Alvarez & Marsal has hired a senior figure from Deloitte to help grow its debt advisory business in European private credit.

    • 09 Nov 2020
  • BP appoints MS FIG banker as treasurer

    BP, the UK oil company, has appointed Niamh Staunton, a former Morgan Stanley banker, as its group treasurer, GlobalCapital understands.

    • 05 Nov 2020
  • ECB supervisor’s bad bank dream faces huge obstacles

    The European Central Bank is offering renewed support to the idea of the EU creating a ‘bad bank’ or an asset management company to manage a flood of non-performing loans engulfing European banks, fuelling expectations that this will be part of the European Commission’s forthcoming NPL strategy. Jon Hay and Owen Sanderson report.

    • 05 Nov 2020
  • BP appoints MS FIG banker as treasurer

    BP, the UK-based oil supermajor, has appointed a former FIG banker at Morgan Stanley as its group treasurer, GlobalCapital understands.

    • 05 Nov 2020
  • Credit Suisse gives FIG rainmaker EU responsibility

    Credit Suisse has created a new post of head of investment grade capital markets, EU.

    • 04 Nov 2020
  • BNP Paribas benefits from corporate funding boom

    BNP Paribas reported strong third quarter results, helped, like other investment banks, by booming capital markets business as corporates sought to strengthen balance sheets and active issuance spurred higher than usual trading volumes.

    • 03 Nov 2020