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Project to establish bond-issuing multilateral bank gets under way, aiming to strengthen Nato and allies’ defence capacity and procurement
LatAm agency brings second digital bond this year in the currency
Viswas Raghavan’s move to Citi from JP Morgan 18 months ago has shaken up both institutions and provoked an intense Wall Street rivalry
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The G20 has given hope to those wishing to see multilateral development banks increase their lending by stretching their capital further. If a breakthrough is made, ratings will be a crucial part of it.
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Eight years after publishing its first consultation paper the Spanish Treasury has set out its hotly anticipated draft covered bond law which market participants greeted enthusiastically, largely because it comprehensively addresses all the main features of the EU’s Covered Bond Directive. However, it contained a number of surprising and potentially contentious proposals.
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While far from over, the Covid-19 crisis has been going on long enough to start to evaluate the response to it by MDBs. According to experts, it has been hit and miss
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ABS lawyers are asking issuers to resist taking advantage of a legal loophole left via a regulatory quirk, where a number of CLO and CMBS deals are technically exempt from switching data over to the securitization repositories approved by the European Securities and Markets Authority (ESMA) on Friday.
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Allied Irish Banks has bought around €4.2bn of performing corporate and commercial loans from Ulster Bank, marking a major step in the NatWest-owned Ulster Bank’s withdrawal from the Republic of Ireland.
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In this round-up, China’s industrial profit growth moderates in May, Geely Automobile Holdings will not pursue a planned listing on the Star market in Shanghai, and Beijing approves the first onshore perpetual bond from a policy lender.