North America

The US investment banking market is the largest and most lucrative in the world, and the most tightly locked down in the hands of domestic firms. But vaulting up the league tables, of late, has been Mizuho — hoping to break down Japanese bank stereotypes in the process.

Export Development Canada is set to join what one SSA banker described as a “ridiculous” dollar market, where issuers are selling in big size and with little or no new issue premiums.

Export Development Canada sold its largest bond in sterling in over two years on Wednesday as investor appetite for the currency showed little sign of abating.

Hanesbrands, the North Carolina clothing maker, printed a €500m bond on Thursday to fund recent acquisitions in Italy and Australia.

Axoni, a New York based start up firm specialising in distributed ledger infrastructure for capital markets and derivatives, has hired a former Citadel executive as its chief operating officer.

HSBC has begun offering a clearing collateral service for over-the-counter (OTC) derivatives to help clients comply with G20 swap reforms.

Crédit Agricole CIB said on Tuesday that it had received approval for a branch in Canada.

Export Development Canada is to print a long four year sterling bond as demand for paper in the currency defied fears of a possible UK's exit from the European Union.

Debt capital market bankers have long preached that diversifying into the US investor base is the next stage of development for Chinese issuers. But with recent transactions failing to resonate with stateside accounts, Chinese names should give up on US investors for now.

OpenDoor Trading, a trading platform that aims to improve liquidity in off-the-run US treasuries and treasury inflation protected securities (TIPS), has hired an experienced capital markets strategist to a senior position.

CME Group is adding to its base metals business with an aluminium alloy futures contract.

European-listed exchange traded funds had their busiest month ever on Tradeweb in April, the marketplace firm said.