Europe
-
France and Denmark have increased the size of their annual funding programmes as a result of the coronavirus pandemic, with the former making the third upward revision to its borrowing needs in as many months. -
The UK cannot have unconditional, direct access to the EU’s financial markets when it fully leaves the bloc, according to a draft opinion set to be adopted on Friday by the European Parliament's committees for international trade and foreign affairs.
-
-
H4, a fintech firm which has received investment from JP Morgan, Goldman Sachs, Barclays and Linklaters, is giving capital market participants the chance to move document creation and storage into the 21st century, chief executive Joe Seifert tells GlobalCapital.
-
-
-
-
A deluge of euro paper hit the SSA bond market this week as issuers flocked to the market to take advantage of the surge in confidence after the European Central Bank expanded its Pandemic Emergency Purchase Programme (PEPP) last week. But the strain is showing in the secondary market.
-
-
-
Weaker trading conditions have done little to shake expectations for a new wave of additional tier one (AT1) supply, writes Tyler Davies, with three banks having reopened the market in emphatic fashion this week, issuing €3.1bn-equivalent of debt into more than €20bn of demand.
-
UniCredit jumped into the euro market to raise senior funding at a pricing level it found much more familiar than recent elevated levels this week, while BPER Banca gave investors their first chance in several months to buy a new issue from a second tier Italian bank.
