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New system starts with nearly 100% coverage of trading data
Europe’s regulator proposes preserving capital requirements while trimming the complexity that hampers cross-border M&A
Banks face an uncertain future as finance goes digital
Europe's regulator seeks to reduce complexity while 'preserving banks' resilience and resolvability'
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Securities in National Bank of Abu Dhabi and First Gulf Bank shot up on Monday morning in reaction to the prospective merger of the two Middle East banks. The creation of a "national champion" would be a positive for the market, said bankers in the region.
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The latest edition of the Green Bond Principles has placed added focus on reporting and external review best practice, brought social bonds more emphatically into the fold and put distance between ‘pure play’ bonds issued by companies whose activities are all green, and the green bond product.
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Akbank has outlined plans to broaden the reach of Turkish banks among Asian lenders beyond Japan and improve awareness of longer tenors, as it returns to the loan market for the second time this year.
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Akbank is returning to the loan market for the second time this year, lining up one and three year tranches in euros and dollars.
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Richard Holmes, Standard Chartered's European chief executive, will leave the bank in August.
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Bank of Montreal (BMO) issued its debut dollar legislative covered bond on Thursday, achieving the tightest spread of any covered bond issued this year in the currency.