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Financial centres come and go, but they're mostly very resilient. London's been near the top of its game since the Napoleonic Wars. Will it take Brexit in its stride?

The latest $1.25bn underwritten loan for the UK’s Melrose may look like a Brexit-defying success. But in reality, the firm is a lender’s darling and this doesn’t necessarily mean the gates are open wide for all UK loans.

Mozambique’s debt story has been unravelling since the disclosure of some $1.4bn of additional public loans in April, but if anyone thought this painful tale of investor woe was enough to dampen appetite towards Africa, they’d be completely wrong.

Data firms IHS and Markit completed their merger on Tuesday, after shareholders agreed terms for a deal worth $13bn in which bond, loan and derivative services are key areas of focus.

Asia’s infatuation with cornerstone investors is showing no signs of letting up, as issuers continue to hand over record amounts of stock in their IPOs. The practice has come in for some criticism, but the naysayers are short sighted. Cornerstone demand, for better or worse, is what the market needs right now.

Looking at corporate bond issuance in Europe over the last two weeks you would be forgiven for thinking the Brexit vote had never happened.

I’m sad to say that the banking profession is not all the rage these days. Instead, keen young things are more interested in joining the next Google or Facebook and turning themselves into multi-millionaires overnight.

Nearly one intense decade into the re-regulation of the financial sector, tensions in Europe threaten to tear the new rulebook apart. The Rulebook is GlobalCapital's round-up column, and take on, the week's developments.

Brexit has left many issuers sitting out of the market avoiding volatility, but given the troubling times ahead, they might be better advised to keep funding.

European supervisory authorities’ open letter to EU commissioner Jonathan Hill requesting he rethink and minimise a damaging delay over approving swaps margin rules demonstrates that Europe needs to overhaul its process or putting together regulation in favour of a more coordinated approach.

After months of inactivity, offshore renminbi-denominated bonds finally came to life this week with two Chinese issuers announcing their respective transactions. The deals are widely expected to fare well and have excited some market participants, but it would be premature to call a comeback of the dim sum market.

So it’s one week after the chaotic morning of Brexit, and remarkably little has been clarified. Markets panicked then calmed down, the only grown-up left in Britain (a Canadian ex-Goldman banker) promised more cheap money, but the future of the City isn’t any clearer.