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State-owned bank Spuerkeess has not indicated when it will issue its first bond
ESG issuance will not disappear and some of the decline is due to market volatility
JP Morgan overtakes HSBC to go top for the region
Highly anticipated report did not mention future role of AT1 capital
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Jitters over Italy’s political turmoil receded slightly on Thursday, giving Asia’s stock and bond markets a bit of respite, even as talk of a trade war between China and the US reappeared.
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Deutsche Börse’s CEO, Theodor Weimer, on Wednesday committed to greatly reducing the exchange group's structural costs by 2020 while doubling down on growth, technology and acquisitions.
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Jitters around Italy’s political turmoil made its way to Asia’s bond and stock markets on Wednesday, forcing debt capital markets bankers in the region to hit the pause button on deals.
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The London-Shanghai Stock Connect appears to be finally taking shape after several years in the making. But with the dollar beating the renminbi and the pound to become the link’s major trading and settlement currency, the scheme looks increasingly skewed towards investors in the US rather than those in the UK and Europe.
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Public institutions want to up their stake in RMB assets, S&P says it wants a subsidiary in Mainland China, and Fidelity warns investors of rising default risk among corporate issuers in the onshore bond market.
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Ahead of its AGM on Thursday in Frankfurt, Deutsche Bank announced it had finished the review of its equities business, and planned to cut headcount and prime finance leverage by a quarter — as part of package of cuts that will see more than 7,000 jobs lost at the bank.