EMEA

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

Issuers to bring deals as early as possible in January, whether the sovereign issues or not

Big demand expected but companies still wary on debt plans

Despite prevailing bleak sentiment from expensive Pfandbrief issuers, the market is bracing for the reopening of the long end of the market

The Fed's dovish talk of rate cuts next year has boosted stocks, and the IPO pipeline is slowly building

Hundreds of billions due for refinancing but expected lack of new opportunities makes this less daunting