France

Crédit Agricole announced a mandate for the first ever senior non-preferred bond on Thursday, in a move that confirmed French banks are very keen to start issuing in the format.

JP Morgan was hit hardest as the European Commission on Wednesday fined three banks a total of €485m for manipulating markets in a euro interest rate derivatives cartel.

Political uncertainty and a tough economic outlook across the EMEA region will leave companies no choice but to operate with caution in 2017, focusing on balance sheet repair rather than expansion, rating agency Fitch said in a report on Tuesday.

French health care group Elsan, owned by private equity firm CVC, on Tuesday announced price guidance on its €730m loan for the buyout of MédiPôle Partenaires.

Shares in Amundi, the French asset manager, closed 3.2% higher on Monday after it announced that it had entered into exclusive negotiations with UniCredit to buy its asset management division Pioneer Investments, in a deal that could be worth €3.5bn.

The Euro PP market needs to act fast to stop bank lending luring smaller companies away. But a few tweaks is all it needs.

Companies are continuing to use windows for corporate bond issuance ahead of Sunday’s Italian referendum, as three borrowers hit the euro bond market on Tuesday.

Société Générale has promoted two senior equity capital markets bankers.

Compagnie de Financement Foncier’s deputy CEO Olivier Avis, and head of long term funding Paul Dudouit, speak to GlobalCapital about the bank’s funding, the end of the ECB's purchases — and how it has issued some of the longest deals ever seen in covered bonds.

The busy equity block trade action, widely predicted by ECM bankers when the US presidential election produced a bounce in share prices, has continued this week with a string of sales totalling over $1.5bn.

One of the last two substantial European IPOs of 2016 looks set to be completed on Friday, when RussNeft, one of Russia’s 10 largest oil companies, floats in Moscow for at least $495m.

A new swathe of asset managers will be caught by rules on how they use benchmarks, after the European Securities and Markets Authority broadened its planned clampdown.