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US banks seemed to have been saved by the Brexit. Though profits fell at a handful, nearly all of the big hitters that have reported so far have beaten analyst expectations, thanks in large part to boosts in trading following the UK vote to leave the EU. That has spurred primary activity.

Just a few weeks apart, announcements were recently made by the Stock Exchange of Hong Kong (HKEX) and Singapore’s SGX respectively about changes to front line regulatory functions they perform. The approaches under these proposals couldn’t have been more different, writes Philippe Espinasse.

The floodgates to negative yielding covered bonds have taken four months to properly open, but with two such deals seen in less than a week, many should now follow.

Rules to stop insider trading are well intentioned, but can stop markets functioning properly by making the ordinary exchange of views, gossip, colour and rumour dangerous. Reacting to information is exactly what markets are about.

Rather than being the end of the world as we know it, the Brexit vote has caused a flight to quality in equity capital markets.

Housing Development Finance Corp added some flavour to the debt market last week, selling the first Masala bond from an Indian corporate. The deal broke new ground, opening a new fundraising channel for the country's borrowers. But it also raises questions about the long-term development of the asset class.

See how World Bank and NWB's benchmarks scored in GC BondMarker

Results season kicks off, and the market is desperate for Brexit wisdom. Meanwhile, UniCredit is just getting on with it.

Last week loans bankers were busy theorising, hiking and drinking, from the lofty heights of the Italian mountains, to the lowly lows of some of London's boozers .

China is continuing its push to establish the renminbi as an investment currency by opening up its private fund industry to wholly foreign-owned firms. While this is likely to spark plenty of interest, market participants said foreign asset managers need to be ready to launch even before registering for a licence.

A little bit of uncertainty was taken out of markets as the UK, fresh off the back of a bout of direct democracy that left it without a government to speak of, went 180 degrees and filled its political void with unelected officials.

As someone who made his fortune in good old-fashioned banking, more and more I find that I’m losing touch with all the new-fangled technologies that keep popping up.