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  • The idea of a new European Secured Note (ESN) asset class has struggled to get off the ground, but with a regulatory push and normalising monetary policy, it could at last be set for take off.
  • The Hong Kong Exchange’s China Ministry of Finance Treasury bond (T-bond) futures were given a lukewarm reception by investors in the first two weeks of trading. But experts say demand will pick up as China’s onshore bond market opens up further later this year.
  • Martin Egan has been elected chair of the International Capital Market Association at the trade body's annual general meeting in Luxembourg, replacing Spencer Lake.
  • HSBC has reported a drop in overall profits for the first quarter of 2017, but strong growth in its Asian businesses as it continues to focus on the region.
  • ANZ’s cash profit jumped 23% in the six months ending March 31, buoyed by the lender’s moves to restructure its business and hive off some of its retail and wealth units.
  • The Securities and Exchange Commission of Pakistan is giving a fillip to its IPO market, rejigging rules to make the equity-raising process more efficient and less time consuming.