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Bond specialists sceptical that auctions can yield better results than bookbuilding
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
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The Covid-19 pandemic is an ESG issue. More than ever before, a natural phenomenon is driving markets. Suddenly, social responsibility is no longer kooky but required of all. How are responsible investors reacting — and can the crisis lead to a better model of financial markets, where all stakeholders are considered?
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In this round-up, March trading volume soars in the onshore bond market but dips in stocks, China’s industrial profits decline sharply for the first quarter, and the securities regulator says it will not tolerate fraudulent behaviour.
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Welcome to the first edition of Keeping Tabs. There is a huge amount of information to take in at the best of times in the capital markets. During a crisis, it can be overwhelming. So, each week, we will bring you the very best of what we in the GlobalCapital newsroom have found most useful, interesting, informative and entertaining from around the web.
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Credit Suisse has been hit hard by the alleged accounting scandal at Nasdaq-listed Luckin Coffee, which is understood to be behind one of the largest loans covered in the bank’s loan loss provisions for the first quarter of 2020.
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In this round-up, international investors dumped Rmb208.4bn ($29.4bn) of Chinese stocks in March, and state-owned enterprises recorded a huge revenue drop in the first quarter of the year.
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GlobalCapital's Silas Brown spoke to Mathieu Chabran, co-founder of European alternative asset manager Tikehau Capital. They discussed how the relatively new private debt market in Europe will navigate its way through the pandemic, who the winners and losers will be in the asset class, and what opportunities may emerge from the dust.