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The US private placement market has carved itself quite a following among borrowers in the UK and Europe, with its enticing offer of long dated debt at tight margins. But since Britain voted to leave the European Union, agents are playing on another of the market’s strengths — its resilience to external shocks. Silas Brown investigates.

The City of London Corporation, via its endowment fund the City’s Cash, is set to enter the US private placement market for the first time. While UK councils are still a rare sight in the US PP market, agents believe they may be a fruitful asset class for the future. Silas Brown reports.

PARIS PRIVATE DEBT ROUNDTABLE European private debt markets are developing fast and diversifying — although many market participants would rather they became standardised. The Euro Private Placement market, founded in France, has not blossomed into a rival to the US PP. Many French issuers now travel to Germany’s larger Schuldschein market.

Taking a bespoke, advisory approach, at the same time as offering innovative solutions to its clients continues to prove a winning formula for Société Générale, all of which helped the bank mount a successful defence of its title of Americas Corporate Solutions House of the Year.

For its ability to sustain powerful growth in an increasingly competitive market, for its identification and execution of opportunities in new markets and innovation in analysis of derivatives data, Numerix is GlobalCapital’s Americas Data and Analytics Vendor of the Year.

In this round-up, the Mainland’s industrial production and other activity slowed in May, the Chinese foreign ministry urged the US to stop interfering with the country’s ‘internal affairs’ and the People’s Bank of China (PBoC) tried to calm the market again regarding Baoshang Bank’s bailout.

In this round-up, US president Donald Trump warned of higher tariffs should his Chinese counterpart not meet him at G20, UBS’s chief economist employed questionable language when discussing the rise of Chinese consumer prices, and total exports edged up in May while exports to the US fell again.

Bond market alpha types may find it galling when the fusty old loan market can teach them an innovative new structure. And yet, that may be about to happen.

BNP Paribas has hired a banker from SMBC to fill the vacant position of head of US private placements.

Sometimes work really can be all fun and games, as some Hong Kong fintech professionals are finding.

As the first half of 2019 rapidly approaches, the Hong Kong Stock Exchange appears to have lost a lot of ground to its rival bourses in the US. But the market is more resilient than one might think.

If the date of one major capital markets event in Russia is anything to go by, the locals have given up on attracting US investors all together.