• HOME
  • Orcel looks to clinch MPS takeover in six weeks

    Market News

    Orcel looks to clinch MPS takeover in six weeks

    Andrea Orcel is looking to clinch a deal for Unicredit to acquire parts of stricken Italian lender Banca Monte dei Paschi di Siena (MPS) in the early part of September after revealing it was negotiating with the Italian government.

  • Taper talk sets up delicate restart for FIG supply in September

    Senior Debt

    Taper talk sets up delicate restart for FIG supply in September

    The US Federal Reserve moved one step closer this week to signalling it will start to end its quantitative easing measures. FIG borrowers now face a nervous wait for the central bank’s next communication in late August, which will define the strength of market conditions ahead of a crucial issuance window in September.

  • SSA market big guns face September crush as EU returns

    SSA

    SSA market big guns face September crush as EU returns

    The big public sector borrowers are watching out for two obstacles as they prepare for a crowded autumn funding season: guidance from the ECB and the US Federal Reserve on tapering their bond buying programmes, and the return of the Next Generation EU debt issuance programme.

  

  

People & Markets

  • What analysts want: how the pandemic reshaped bank recruitment

    What analysts want: how the pandemic reshaped bank recruitment

    Investment banks are broadening the search for talent and tweaking their recruitment message to attract and retain the bankers of the future, as working conditions and corporate culture emerge as hot topics after a difficult period for staff in the industry.

  • European IBs look to loosen purse strings

    European IBs look to loosen purse strings

    After several quarters of strong performance among European investment banking businesses, there are signs that firms are satisfied with cost cutting measures and are prepared to resume investment instead.

  • Lloyds to reshape DCM as top bankers leave

    Lloyds to reshape DCM as top bankers leave

    Lloyds Bank has formulated a succession plan to prepare for the departure of Allen Appen, its head of bond financing, as another senior figure prepares to leave its debt capital markets group.

  • Trade body pair reinforce importance of KPIs for SLLs in leveraged market

    Trade body pair reinforce importance of KPIs for SLLs in leveraged market

    The Loan Market Association (LMA) and the European Leveraged Finance Association (ELFA) jointly released a best practice guide for sustainability-linked loans on Wednesday. The guidance is aimed specifically at the leveraged loan market and stresses the importance of agreeing on clearly defined key performance indicators ahead of announcing a SLL.

  • Barclays shakes up capital markets, M&A teams

    Barclays shakes up capital markets, M&A teams

    Barclays has made several further promotions across its capital markets and M&A teams in London and New York, a week after rolling out a new global investment banking management structure.

  • Diversity — bold action needed

    Investment bankers tend have a built-in sense of infectious optimism that helps them to convince issuers to mandate them or investors to buy securities and other financial products, and also gets them through tough times. So it is only natural that, while rightly recognising the terrible human cost of the Covid-19 pandemic, they should be searching for silver linings.

  

Southpaw
by David Rothnie

Equity