Europe

Dexia sets sights on largest volume in two years as Bpifrance weighs greater presence in niche currencies and PPs

Removing shareholder approval obligations is included in the FCA package

Feedback to FCA calls for a single set of disclosures for retail and institutional investors

The bank's plan to issue a seven year covered bond sets the stage for likely head to head execution with LBBW

High net worth Nordic investors have been buying local AT1s as an alternative to equities

French, German and Dutch banks are forecasted to print a combined benchmark volume of around €75bn, with 2024 looking like another year of positive net supply

◆ High yields pull investors into local currency AT1s ◆ SR-Bank to use proceeds to refinance March AT1 call ◆ Will hold tender for existing bond to reduce cost

French agency aims to diversify currency mix via benchmarks and PPs, and execute euro taps

Swiss metals trader enlarges deal and expands lending group with link to EcoVadis rating

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

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