Top Section/Ad
Top Section/Ad
Most recent
Sentiment towards affected major banks improves but major ratings agency judges overall situation credit negative
DCM changes follow Harding-Jones taking over IB business
Better read on secondaries would help syndicates price bonds
More articles/Ad
More articles/Ad
More articles
-
Invesco changes fixed interest line-up — BofA makes Slowey equities head — NordLB hires two for DCM -
Reform of the US government sponsored enterprises (GSEs) has always been considered a necessary precursor to establishing a US covered bond legal framework. But with the Covid-19 crisis and November’s presidential elections diverting attention, dollar covered bond issuance will remain dominated by foreign banks, with near term supply prospects likely to be determined by the cross-currency basis swap.
-
Reports that the European Central Bank (ECB) could ask banks to suspend dividend payments until the end of 2020 sent subordinated debt higher and stocks lower this week.
-
Smaller loan loss provisions and high capital ratios have helped Nordic lenders to kick off European bank earnings season in a positive fashion. But analysts are cautious about drawing any conclusions for the rest of the sector.
-
Credit analysts hope that European banks will be able to report much stronger capital levels in the second quarter, amid early signs that risk-weighted asset (RWA) volumes could be lower than expected.
-
Booming markets revenues in the second quarter helped UBS post another strong set of results at its investment bank. But higher loan loss charges ate into group-level profits as the coronavirus crisis led to deterioration in the global economic outlook.
