EMEA

Turkish company’s IPO includes primary and secondary shares

Existing shareholders each gave away part of or all of their rights, making way for new family office to wield a stake

Financial institutions’ funding requirements point to a busy start to their bond sales in 2024. But, as Atanas Dinov reports, banks may need to compete for attention not only with other financial credits but with the broader fixed income universe, as we reveal the results of our FIG market survey

If it is true that interest rates are near their peak, then hopes of a rebound in the IPO market after another dreadful year may be justified, writes Aidan Gregory. But it will be a while before a full normalisation

A cash-heavy Islamic investor base starved of supply — compared to what conventional buyers were served up — helped Middle East and North Africa sukuk issuers secure bigger order books, giving them more pricing power than regional peers issuing regular bonds, writes George Collard

It has been a busy year for capital markets across the Middle East in general, and the six-nation Gulf Cooperation Council (GCC) in particular.

The main consideration for eurozone banks at the start of 2023 was to garner what remained of the ECB bid for covered bonds but by the end of the year they had negotiated not one but two crises. Sarah Ainsworth reports on how, despite all the volatility, they navigated another strong year for issuance

A dreadful year for ECM volumes has not helped European banks play a bigger part in EMEA equity capital markets. But there are dreams of a better 2024 and, as John Crabb and Aidan Gregory report, Europe’s banks have specialisms up their sleeves to help them grab market share

The Swiss franc bond market weathered the collapse of one of its two biggest players in 2023 to enjoy its busiest year since 2014. Investors welcomed foreign issuers from all quarters with open arms and, as Sophie Astles writes, those visitors may be here to stay

The country’s retail investor base boomed this year, causing a slight return of foreign money as confidence gradually rose

It is too early to tell if Turkey’s equity markets are truly healing

After two years of poor issuance, investment banks may have to cut jobs if volumes don’t pick up in 2024