Europe

Royal Bank of Canada said on Tuesday that it was looking at the euro market for its first green senior unsecured bonds, at a time when issuers seem to be more in control of pricing than investors.

Macquarie Capital has hired Fady Lahame as head of France, after hiring an equivalent for the UK earlier this month.

DCM bankers are expecting a sovereign bond from Ukraine imminently, after Vladimir Zelensky, a 41 year old Russian-speaking comedian, won the country's presidential election on Sunday.

The Republic of Cyprus mandated banks on Tuesday for a dual tranche comprising new five and 30 year bonds, with the latter the longest ever bond sold by the sovereign.

A prominent member of the European Central Bank’s executive board has said that the institution will be keen on protecting ‘remarkable progress in lending to the real economy’ when it announces the terms of a new funding scheme for banks later this year.

Stu Taylor has started advising Symphony, which provides communication services for market players, on issues related to trading. Taylor set up and led Algomi, another fintech involved in capital markets, until leaving last year.

Eurex, the futures and options exchange, has pointed to low volatility and the upward trend for global share prices in its latest update on the derivatives market.

The elimination of Juventus from football's Champions League on April 16 wiped €390m off its market capitalisation by the following morning, highlighting the risks of owning equity in Europe’s premier football clubs.

NatWest Markets has hired an experienced covered bond trader from Nomura. The move is the latest example of staff swapping between the two firms, but also underscores the UK’s bank ambitions plans.

The covered bond industry and the Capital Markets Union (CMU) hit a new milestone on Thursday after the European Parliament’s plenary in Strasbourg adopted the text of the Covered Bond Directive just after midday.

Santander’s S3 business is set to join up with Crédit Agricole’s CACEIS, as the two banks look to merge their custody and asset servicing operations, a growing area of revenue for banks.

The European Parliament this week approved a package of measures that will overhaul prudential capital rules for banks, ending more than two years of debate in time for new parliamentary elections in late May.