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  • The European Securities and Markets Authority wants to standardise the way that trade repositories and market participants transfer data on derivatives obligations, having warned that problems could arise under the Markets in Financial Instruments Directive II (MiFID II) regulations.
  • Russia’s Siberian Coal Energy Company (SUEK) has drawn high interest from banks as it becomes one of the first borrowers this year from the country to open talks for a loan.
  • A loan backing Mid Europa Partners’ acquisition of Romanian retail chain Profi Rom Food is attracting strong interest, according to bankers involved, with a meeting in Bucharest on Tuesday to discuss the deal heavily attended.
  • The chair of the European Banking Authority called on Monday for the establishment of an EU-wide asset management company to deal with non-performing loans, during a seminar held at the European Stability Mechanism's headquarters.
  • TP ICAP, the firm formed in the recent merger of Tullett Prebon and ICAP, has made its first acquisition with the addition of Burton-Taylor International Consulting to its data and analytics division.
  • Pehart Tec Group, a Romanian tissue paper manufacturer, has agreed a €24m syndicated loan with three banks.