Top stories
-
CFTC chief threatens EU with 'devastating' retaliation over clearing rules
US Commodity Futures Trading Commission (CFTC) chairman Christopher Giancarlo has threatened to retaliate over European Commission legislation that Giancarlo thinks would result in “conflicting” and “overly burdensome” regulation from abroad.
-
ISDA steps away from credit determinations
The International Swaps and Derivatives Association (ISDA) has moved on from its role as secretary of the special committees that rule on whether credit events that trigger credit default swap (CDS) payouts take place.
-
BCBS consults on leverage ratio, castigates bank ‘window dressing’
The Basel Committee for Banking Supervision (BCBS) on Thursday launched a consultation to address a quirk of Basel capital rules reviled by many derivatives clearers.
-
BoE notes Sonia progress with long-dated caution
The Bank of England has noted progress in the development of the sterling overnight index average rate (Sonia) as an approved alternative reference rate, while also flagging the continued production of long-dated contracts tied to Libor.
-
FCA wins momentum for machine-filed reports
The UK Financial Conduct Authority (FCA) said on Wednesday that the financial services industry positively received its plans to automate regulatory reporting requirements in the main.
-
CFTC’s Behnam flags CCP governance concerns
Rostin Behnam, a commissioner at the US Commodity Futures Trading Commission (CFTC) flagged potential issues in the governance and risk management of clearing houses (CCPs) on Tuesday.
-
ISDA updates its close-out netting document
The International Swaps and Derivatives Association (ISDA) released an updated version of its Model Netting Act on Tuesday. The Act is a guide for legislators looking to properly institute close-out netting rules.
-
UK regulators ratchet up pressure on banks over climate change
The Bank of England announced on Monday a consultation on a package of measures to tighten its scrutiny of banks’ and other financial firms’ readiness for climate change. The Bank’s approach is gradualist, but it is signalling clearly that firms must take the financial risks from climate change seriously, and that regulation in this area will be ramped up.
-
Global sell-off rocks capital markets
A sharp sell-off in US equities on Wednesday led to global panic on Thursday as other indices followed suit. Asian and European markets showed some sign of life on Friday, although were still a long way down, but the ramifications of a change in risk sentiment could have lasting effects across capital markets, write Sam Kerr, Ross Lancaster, Costas Mourselas, Craig McGlashan and Aidan Gregory.
-
Tobam founder attacks passive investing
Yves Choueifaty, founder and president of Tobam, talks to GlobalCapital about carbon footprints, public debt, cryptocurrencies, and how passive investment is "the only industry in the world in which people do nothing for a living and then they claim they are cheap".
Latest awards
-
Global Derivatives Awards 2018: the winners
GlobalCapital is delighted to announce the winners of its 2018 Global derivatives awards, which were unveiled at the Jumeirah Carlton Tower in London on Tuesday September 25.
Comment
-
London’s frontier-friendly approach gives clue to UK’s post-Brexit capital markets business
The UK government might seem to have little clue about where the the City of London will drum up business after the country leaves the EU in March but the City, and notably the London Stock Exchange, has always been more global than European in nature. For better or worse, it will likely come to rely on this more in the months and years to come.
Latest derivatives people & markets news
Latest interest rate derivatives news
Latest equity derivative news
Latest FX derivatives news
Want full access to GlobalCapital?
If you are new to GlobalCapital or you already subscribe to some of our channels you can still easily extend your access.
Take a trial to the entire site or subscribe online to see all our capital markets news, opinion and data sets.
Don't miss out!
Free trial
Latest Issue
Read the magazine on your mobile device
Bank Profiles
Latest news by market and league table performance
Bond Comments
-
KfW EUR1bn 0.5% Sep 26 green bond
-
NRW.Bank USD1bn FRN Oct 20
-
ESM USD3bn 3% Oct 20
-
Andalusia EUR600m 1.875% Oct 28
-
BNG EUR750m 1.5% Jul 39
-
Commerzbank EUR500m 1.25% Oct 23 green non-preferred senior
-
CaixaBank EUR1bn 1.75% Oct 23 non-preferred senior
-
Zurich Insurance Company EUR500m 1.5% December 28
-
Turkey USD2bn 7.25% Dec 23
-
KBN USD1.5bn 3.125% Oct 21
-
Land NRW USD1bn FRN Oct 20
-
KfW USD4bn 3.125% Dec 21
-
Ontario USD2.5bn 3.4% Oct 23
-
AFD EUR1bn 1.5% Oct 34
-
Ireland EUR3bn 1.35% Mar 31 green bond
All International Bonds
| Rank | Lead Manager | Amount $m | No of issues | Share % |
|---|---|---|---|---|
| 1 | Citi | 303,213.49 | 1178 | 8.03% |
| 2 | JPMorgan | 296,939.86 | 1296 | 7.86% |
| 3 | Bank of America Merrill Lynch | 277,801.06 | 936 | 7.35% |
| 4 | Barclays | 230,549.51 | 858 | 6.10% |
| 5 | Goldman Sachs | 205,902.82 | 678 | 5.45% |
Bookrunners of All Syndicated Loans EMEA
| Rank | Lead Manager | Amount $m | No of issues | Share % |
|---|---|---|---|---|
| 1 | BNP Paribas | 43,227.81 | 174 | 7.06% |
| 2 | JPMorgan | 38,825.76 | 78 | 6.34% |
| 3 | Credit Agricole CIB | 33,071.14 | 158 | 5.40% |
| 4 | UniCredit | 32,366.25 | 145 | 5.29% |
| 5 | SG Corporate & Investment Banking | 31,330.98 | 120 | 5.12% |
Bookrunners of all EMEA ECM Issuance
| Rank | Lead Manager | Amount $m | No of issues | Share % |
|---|---|---|---|---|
| 1 | JPMorgan | 13,024.03 | 55 | 8.96% |
| 2 | Goldman Sachs | 12,162.67 | 59 | 8.37% |
| 3 | Citi | 9,451.48 | 53 | 6.50% |
| 4 | Morgan Stanley | 8,054.41 | 48 | 5.54% |
| 5 | UBS | 7,829.15 | 30 | 5.38% |
