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Global investors are turning to European private credit
Record fundraising in 2025 has left private lenders fighting for deals
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France has historically been a larger sponsored-unitranche market
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No immediate impact on UK banks’ and insurers’ capital ratios, but tests signal later recalibration likely to follow
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Bank needs hard evidence to repair its reputation
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There is no indication that the September window will be any better for Europe's IPO hopefuls
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JP Morgan has launched a big initiative to cross-sell corporate finance products to its commercial banking clients in Europe. Global rivals are following suit. By David Rothnie
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Vallourec is enjoying a recovery after a difficult few years