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Bot claims funding is ‘cheaper than peers who borrow from independent banks or credit funds’
Feuds over Monte dei Paschi and Generali will run and run
Innovation and ambition have been hallmarks of mergers and acquisitions activity this year, but there are some signs of weakness in private equity
Bank’s relationship with SpringCash is ‘commercial’
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The insurance watchdog in Hong Kong is hoping to mimic Stock Connect as it considers a cross-border access scheme with the mainland market, the renminbi is the fifth most used payments currency, and DBS is planning to set up a securities joint venture in China.
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Foreign investors are bullish about the prospects for RMB-denominated investments in the Mainland, but liberalising access to derivatives and promoting two way flows need to be priorities for regulators, foreign investors told the Institute of International Finance’s China Financial Summit.
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UK regulators’ data shows that derivatives users in sterling markets are still writing Libor-linked contracts which last beyond 2021, when the benchmark will no longer count on the Financial Conduct Authority's support.
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The ECB outlined how its planned replacement for Euribor, the Ester rate, will work, in a release published on Thursday. The new rate will begin publication from October next year.
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Friday marks one year since the launch of the Task Force on Climate-Related Financial Disclosure’s final guidelines — a blueprint for companies to report to investors how they are facing up to climate change.
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The Swiss Exchange (SIX), in conjunction with major Swiss franc bond market participants, is set to launch a digital platform called Deal Pool, in the hope of simplifying processes and breeding efficiency in the market. But it will likely change the role of bank sales desks substantially.