Free content

Banks are obsessed with going digital. Once-staid institutions fall over each other trying to show how disruptive and revolutionary they can be. Local lenders, keen to get in on the act, pitch journalists elaborate stories about their online lending ‘revolution’, which usually amounts to little more than a handful of deals.

Around a hundred thousand keen Remainers marched in London over the weekend to demand a second referendum on any UK Brexit deal. They’re lucky not to have to watch the European Union’s legislative process up close, because it’s not a pretty sight.

In an age where the triumph of populism has shown that communication trumps all else in politics, it’s strange that the Italian iteration of this trend is struggling with something that couldn’t be clearer — its sovereign debt auction schedule.

Xiaomi Corp’s decision last week to drop Chinese Depositary Receipts from its jumbo IPO, following hard questions from the regulator, may look like a backwards step for China. But the regulator was right to put market stability above the whims of any issuer — even if it means turning away the IPO of the year.

Borrowers aiming deals at the shorter end of the curve in the week beginning June 11 — a week where euro markets endured bouts of volatility in the run up to a key European Central Bank meeting — won most favour with voters on BondMarker. All four deals scored achieved decent marks and less than half a point separates first from last place.

GlobalCapital's managing editor, Toby Fildes, asked a room full of bond issuers, underwriters and investors what was worrying them the most in capital markets at the start of the Global Borrowers and Investors Forum in London on Tuesday, June 19. Here are the results.

US president Donald Trump is looking into more vetting for Chinese investments in US technology firms, the People’s Bank of China prepares for another liquidity injection, and the Chinese exchange for small and medium enterprises opens up to foreign investors under two inbound investment schemes.

In this round-up, US and China go tit-for-tat in trade war, a federation of Belt and Road exchanges is on the way, and Saxo Bank launches Stock Connect offering.

The European Investment Bank deserves serious plaudits for taking the plunge this week with a sterling floating rate note that pays coupons linked to Sonia rather than Libor — no matter how well the deal goes.

After four years, it’s Fifa World Cup time again — which means football shirts, beers, endless pub hours, lots of yelling, shouting and fighting, and of course, the always unrealised hopes of a victory.

After a year of burgeoning growth and change in green, social and sustainability bond issuance, with huge acceleration in green loans, GlobalCapital today invites you to vote in its third Awards poll for this market.

It’s time to take the stigma out of pulled deals. In this world of the Market Abuse Regulation (MAR), political volatility, and opportunistic issuance, sometimes it just shows that an issuer’s treasury was reaching a bit — and that’s OK.