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In the leveraged loan market, where pricing has plummeted, it was inevitable that issuers would push their luck with the terms of their deals. Investors must push back.

European investment banks are running out of excuses. The legacy issues that have dogged them since 2008 are finally coming to an end, meaning they can now devote all their energies to fighting back against their US rivals, which have gained a bigger slice of the European investment banking pie in each of the past five years. Failure to do so will trigger far-reaching questions about whether the decline can be arrested. By David Rothnie.

In these dark days for banking, everyone is constantly looking out for a silver lining.

Origin launched the beta version of its private placement issuance platform on Monday, aiming to speed up and simplify the process of selling MTNs. It could make a material difference to the MTN market, but only if widely adopted.

Following the tragic death of Romain Etienne last week, his family welcomes all friends and colleagues that want to attend his funeral.

Indonesia’s tiff with JP Morgan has brought the country unwelcome attention. While it is right to protect its own markets from instability, doling out punishments to the US bank undermines its reputation as a sophisticated, transparent country — qualities that could deter the international investors it has so successfully attracted.

The People’s Bank of China (PBoC) went into reverse gear on Monday, weakening the dollar fix by 0.9%, China’s foreign currency reserves cling on to the $3tr level, and Shenzhen Connect sees slow but steady foreign interest.

It’s a back-to-the-future new year for Barclays as it forges ahead with its strategic repositioning — the latest moves in what feel like decades-long twists and turns into and out of Africa and investment banking.

Toby Fildes looks ahead to an even bumpier ride in 2017 when Fed rate rises might be the least of the global capital market’s worries.

Toby Fildes looks ahead to an even bumpier ride in 2017 when Fed rate rises might be the least of the global capital market’s worries.

With so many bankers hanging about waiting to be paid, there was scarce job swapping in the first week of 2017. But there are signposts for Europe’s new approach to bank capital, if you look hard enough for them.

The year started with plenty of excitement, as the RMB gained ground against the dollar in onshore and offshore markets, activity surged in RMB futures in Hong Kong, and the third batch of free trade zones (FTZ) opened for business. Plus, a recap of our coverage.