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Feuds over Monte dei Paschi and Generali will run and run
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Turbulent market conditions of the Middle East war have pushed bond issuers and investors to try new things
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Talk of de-dollarisation has evaporated. The dollar market remains the undisputed king of financing
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Defaulting to dollars in volatile times denies the euro market the resilience it needs
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Enslaved by interest rate volatility, we are all rates traders now
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‘New kid on the block’ disrupts established order with lead role on Schroders takeover
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Investment bank, like the group, wants to diversify outside France, and will lead with its strongest suit, real assets
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Century bonds might be smart funding for an issuer but they are also a signalling tool that tell us about investor desire, confidence and changing market cycles
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The preference for a diverse group of lead managers and the convention of reciprocity keep covered bond bookrunning competitive despite concentration so far this year
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Bye-bye euro curve steepeners, there's a new consensus trade in town