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  • There is no shortage of factors that have troubled market participants this year: Brexit; US monetary policy direction; fragility in European banks; oil prices. All of these issues, and others, have caused credit spreads to widen at various intervals in 2016.
  • Officials from Madrid this week sent the clearest message yet from a European Union country that the race to grab portions of London’s financial empire has begun.
  • Eurex and CME Group both lined up new futures contracts this week as the market assessed a generational shift from bilateral derivatives towards cleared, exchange traded products.
  • The Depository Trust & Clearing Corporation has named the replacement for a departing senior official from its solutions and sales business.
  • US election jitters are weighing on Asia’s equity and debt capital markets, leaving bankers split over the best course of action for issuers before the November 8 vote. Some are advising clients to make full use of the next fortnight, while others are advocating hanging back and rolling with the punches in the aftermath of the result. John Loh reports.
  • JP Morgan is looking to sell its stake in its China joint venture with First Capital Securities, which began operations in 2011.