North America

Markets have rallied in Europe and the US so far this year across equities and credit, but participants are feeling gloomy about the prospects for investment banks' revenues in the forthcoming first quarter results.

Firms can rake in more profit and investment through having more gender diversity in their workforce, according to two separate studies from the IFC, a member of the World Bank Group, and fintech firm Broadridge Financial Solutions.

The dollar bond market enjoyed another bumper week with tight pricing and heavy supply, but questions remain over how long a dovish Federal Reserve can stave off a downturn.

Futu Holdings, the parent of Hong Kong-based Futu Securities, has pulled off the first IPO by a Chinese online brokerage. The company was on track to raise $160m on Thursday after making a late change to the deal, cutting the size of its float and adding a private placement to an international fund. Jonathan Breen reports.

Singapore-based internet company Sea has raised $1.35bn after boosting the size of a follow-on offering of American Depository Shares (ADS).

Chinese internet company Ruhnn Holdings is planning to list American Depository Shares (ADS) on the Nasdaq.

Hong Kong-based online brokerage Futu Securities is on track to raise $160m after cutting the size of its IPO and signing up international investment fund General Atlantic for a private placement.

There is a fantastic case for owning Tesla shares, but investors cannot realistically asses its merits when the price is prone to huge daily moves, often driven by the whim of its errant leader. The Securities and Exchange Commission (SEC) needs to muzzle Musk.

John McFarlane, chair of Barclays, said on Monday that he hoped the EU would not turn its back on London in the Brexit negotiations. However, he expected financial activity to move out of London to Europe, and thought that — on a global scale — faster-growing economies in Asia and the US, and big technology firms, could reshape the financial industry.

In this round-up, the US trade representative’s office announced the delay of a China tariff increase, the Shanghai Stock Exchange released detailed rules for its tech board and China’s annual planning session gets set to address issues including economic growth targets and foreign market access

A chilly east wind may be reminding Londoners it’s only March, but an unseasonal summer continues to blaze in the corporate bond market. Medtronic, the US-Irish maker of high tech medical devices, made its debut in the currency today with a six tranche extravaganza that attracted over €30bn of demand.

Singapore-based internet company Sea is planning to issue a new chunk of its US-listed equity, according to a filing with the regulator.