Europe

The World Bank's investment arm needs to get its mojo back – and help emerging countries develop their local capital markets

A bank of the world’s five biggest emerging markets is in the making; but is it more about leverage than real money?

How do you finance long-term projects in a short-term world?

This decade is likely to herald the coming of age of emerging market bonds as logical recipients of global capital

With a few isolated exceptions inflation has not been a problem for emerging markets so far, but that could suddenly change

Policymakers in advanced nations should set policy so as to keep spillover risks to developing countries to a minimum, leaders warned

Emerging economies are expected to use the meeting of the International Monetary and Financial Committee to express anger over delay to IMF reform

Emerging market stocks have escaped the immediate threat of Fed tapering, but that’s no cause for breaking out the champagne

This week’s three Italian covered bond issues continued to outperform in secondary trading on Friday while the primary market paused for breath. Meanwhile, Moody’s has put Credito Emiliano’s mortgage covered bonds on review for downgrade, highlighting the benefits of smaller Italian banks coming to market before further rating moves.

The sell-off in emerging market assets has attracted global investors but some are still worried about economic and fiscal risks

Emerging market debt has given everyone a fright during the summer, but experts say the asset class will be just fine

Two issuers succeeded with covered bond debuts on Thursday. Mediobanca’s choice of a 10 year maturity for its inaugural deal was vindicated when it priced a €1bn benchmark comfortably inside guidance, while Commerzbank’s first foray into the mortgage Pfandbrief market enjoyed the smooth execution expected of a leading German bank.