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The Hong Kong Stock Exchange (HKEX) has closed yet another consultation on dual-class shares, the latest effort to ensure the city has a place on the global stage for technology IPOs. But vehement opposition to the proposal from the institutional investor community means it must go back to the drawing board.

Russian bank debt has fallen out of favour after events snowballed into fears that Central Bank of Russia is lining up to pull the plugs on Credit Bank of Moscow (CBM) and Otkritie.

South Africa has had a bumpy ride this summer with the sovereign downgrade and the introduction of a new controversial mining charter in June. Despite that, the loan market has proved its resilience.

When the mighty fall, or at least stumble, everyone enjoys putting the boot in. So it is with Goldman Sachs, when the bank reported a second straight quarter of underperforming its peers in the FICC business.

The practical application of covered bond harmonisation is too challenging to implement and the process may ultimately not amount to much more than an exercise in moral suasion.

Bankers who came to professional maturity after the crisis probably have a lot less fun. And not only because of the money.

China’s State Council goes a step further in reining in M&A, two onshore RMB (CNY) weaken, and China is once again the largest holder of US debt.

When Britain voted to leave the European Union, some saw it as a good opportunity to change insurance regulations in Britain’s favour, but moving away from the European framework will be easier said than done.

A new platform expects to host the first European bonds to be issued on a blockchain in September.

“I was confused before I went in, and even more confused when I came out,” was how one EM investor described meeting Etihad and its partners to discuss its now infamous structured notes.

Ask bankers about what most irks them in the industry today and it won't be long before they utter the word "compliance". Whenever I hear such complaints I like to trot out the following story from a very different time.

China Central Depository and Clearing (CCDC) published its biannual report on China’s asset backed securitization (ABS) market on August 8. It recommended regulators loosen up liquidity, provide incentives to attract more participants, and test the waters by opening an offshore ABS market. Here’s a quick guide to what CCDC said.