Europe
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Chairman of the Commodity Futures Trading Commission (CFTC) Christopher Giancarlo on Monday reemphasised his commitment to global regulators' mutual recognition of foreign clearing house (CCP) supervisory regimes, without forcing “identical implementation”.
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Boutique trading firm Liquidity Finance has hired Michael Wheeler and Matthew Robbins, both formerly of BNP Paribas, to start a high yield bond trading operation in London.
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A full €2.3bn of bond offerings from seven borrowers hit screens on Monday in the European high yield bond market, following last week's more than €3bn of new bonds despite fund inflows turning negative.
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Zurich Insurance Group is reshuffling two of its most senior responsible investment officials, who are moving to new roles.
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National Australia Bank (NAB) and Sweden’s Länsförsäkringar Bank (LF Bank) were selling new senior deals on Monday, with daily supply volumes set to fall later in the week when FIG market participants head to Barcelona for the Euromoney/ECBC Global Covered Bond Congress.
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Turk Eximbank has opened books on a new five year senior note with price talk at a wider level than its seven year bond, leading one buy-side analyst to remark that initial price thoughts in EM are “irrelevant.”
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KBC came to the market on Monday with €500m of 12 year non-call seven bonds and released pricing guidance at around fair value.
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Deutsche Kreditbank (DKB) is preparing to sell a new green senior bond this week, as the pool of European banks involved with format expands.
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Russian Railways will meet investors on Wednesday to discuss its first Swiss franc bond in five years.
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One of the public sector bond market's best known and liked heads of funding has quit the International Finance Corporation (IFC) to join SEB.
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Türk Ekonomi Bankası (TEB) signed a $623m syndicated loan on Thursday, according to a banker on the deal.
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Euro corporate bond issuance returned on Friday after a blank day due to Thursday’s European Central Bank meeting. As the ECB’s president, Mario Draghi, said nothing to unsettle markets, US machinery maker John Deere and Italian oil and gas company Eni both priced deals in euros before the weekend, while Sweden's Akelius Property did the same in sterling.