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The AI race is pushing hyperscalers to hunt for cash to fund rising capex needs, and they are coming to Switzerland
Tech giant's meditation on permanence offered investors a juicy a pick-up for taking just a little more duration risk
Lower pricing across CLO capital structure does little to improve equity arbitrage
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The higher one climbs the investment banking ladder, the less science seems to be applied to recruitment. While trainees must suffer weeks of formal recruitment process, the biggest P&L drivers are more likely to be tapped up down the pub -
◆ Order book lifts size to €600m ◆ Deal lands flat to fair value ◆ US credits enjoy brisk summer sales in Europe
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Better read on secondaries would help syndicates price bonds
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Issuers pile in to market near multi-year tights
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Lull in issuance imminent but searing hot market could entice more borrowers before party ends
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