• Crédit Agricole CIB joins levfin and HY businesses

  

  Crédit Agricole CIB has reorganised its leveraged credit business, bringing leveraged loan and high yield bond syndicate and sales together, while also combining LBO, telecoms, and high yield bond origination.

  • 05:15 PM

• EU gets set to negotiate crowdfunding framework

  

  The EU’s push to improve the status of crowdfunding as a source of alternative financing will continue after summer with negotiations over new regulation. Member states would like to see prudential requirements for service providers and the ability to limit the amount retail investors can invest.

  • 04:30 PM

• Irish government could claim Barclays synthetic CMBS after missed deadline

  

  The issuer of the CMBS, Juno(Eclipse 2007-2), missed the deadline for submitting its financial statements for 2017, along with its annual return on June 21, 2019. Most of the notes in the CMBS have now either defaulted or paid down, but whatever is left of the issuer's assets could be claimed by the Irish government, after the deal failed to produce sufficient proceeds in order to pay auditors responsible for submitting these required documents.

  • 02:15 PM

• SSE sets timetable for tech board listings

  

  The Shanghai Stock Exchange (SSE) has published guidelines for IPOs on its new technology board, providing a detailed timeline for the process and the eventual listing of the shares.

  • 09:15 AM

• Clearers finally win relief in lev ratio battle

  

  The Basel committee on banking supervision has agreed to allow banks to offset the margin posted by clients in calculating the leverage ratio, marking a hard fought victory for the clearing industry.

  • 21 Jun 2019

• China policy round-up: China cuts UST holding

  

  In this round-up, China’s holdings of US treasuries reached the lowest level in two years, the Ministry of Commerce (MoC) promised to unveil foreign investment negative lists in 10 days, and Bank of China (UK) can now provide clearing services in London.

  • 21 Jun 2019

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