• Structured notes arrive on blockchain

    The first structured bond to be issued via blockchain has arrived — without the involvement of an investment bank.

    • 20 Mar 2018
  • BoE's Carney: cryptocurrencies not a threat, for now

    The governor of the Bank of England, Mark Carney, has warned his international colleagues that while “crypto-assets do not pose risks to financial stability” now, this could change should the asset class become more "interconnected" with the regulated financial system.

    • 19 Mar 2018
  • CME courts Nex Group, as analysts debate deal potential

    US exchange operator Chicago Mercantile Exchange is considering acquiring post-trade and markets operator Nex Group, the latter firm confirmed in a circular to investors on Thursday night.

    • 16 Mar 2018
  • Winklevoss bid for cryptocurrency self-regulation gets nod

    The heads of Gemini, the digital asset exchange, have put forward a proposal for cryptocurrency spot markets to regulate themselves, and appear to have gained approval from a top derivatives regulator.

    • 14 Mar 2018
  • FIA Boca kicks off, with call for regulatory reconciliation

    The Futures Industry Association began its annual conference in Boca Raton, Florida, on Tuesday, with delegates assembling to discuss the challenges and opportunities facing derivatives markets 10 years after the great financial crisis.

    • 14 Mar 2018
  • TrueEX enters Bitcoin and Ether markets

    Interest rate swap trading venue TrueEx is planning a marketplace for digital assets by the end of the second quarter, subject to regulatory review, while also building reference rates for the two largest cryptocurrencies.

    • 12 Mar 2018
  • Regulators close in on cryptocurrency spot market

    Regulators in the United States were afforded greater powers to scrutinise cryptocurrency spot markets this week, as supervisory bodies around the world come to grips with the nascent asset class.

    • 08 Mar 2018
  • China FX market gets an upgrade

    China Foreign Exchange Trade System (CFETS) has added the central limit order book and executable streaming price features to the onshore interbank FX market — a move which helps close the gap in FX trading technology between China and the international markets.

    • 07 Mar 2018
  • Sovereign cryptocurrencies on the rise

    In the wake of Venezuela’s launch of petro, an oil-backed digital currency under the control of the nation’s central bank, a host of sovereign cryptocurrency products have emerged. For some nations, it is a ploy to circumvent sanctions but, for others, it could provide an important piece of future infrastructure for blockchain based settlement.

    • 01 Mar 2018
  • Sovereign cryptocurrencies on the rise

    Governments and central banks around the world are announcing plans for state run cryptocurrencies. While some developing countries are keen to do so to circumvent international sanctions, cryptocurrencies from developed countries could form a major part of blockchain settlement infrastructure.

    • 01 Mar 2018
  • SEC's accredited investor rules need fixing

    Part of the job of a financial regulator is to protect the general public from itself by keeping dangerous financial instruments on the top shelf, behind the cookie jar. But the rules don’t make sense.

    • 27 Feb 2018
  • Venezuela's petro cryptocurrency meets cold reception

    Venezuela has become the first sovereign nation to launch a cryptocurrency. While few outside Venezuelan president Nicolas Maduro’s administration are impressed by the pioneering venture, others are expected to follow suit nonetheless, write Lewis McLellan, Costas Mourselas and Oliver West.

    • 22 Feb 2018
  • French regulator tightens net on cryptocurrency derivatives

    The French financial markets regulator clamped down on cryptocurrency derivatives on Thursday, setting out tighter regulation and an advertising ban for the products.

    • 22 Feb 2018
  • Venezuela and Russia: the return of the crypto underground

    Since cryptocurrencies started to go legit, many in the market assumed legitimate uses for the technology would marginalise criminal uses that characterised bitcoin’s early development. This was naïve. Venezuela’s foray into the sector show that avoiding the constraints of the mainstream financial system remains at the heart of the cryptocurrency value proposition.

    • 20 Feb 2018
  • Temenos likely to borrow for £1.4bn swoop on Fidessa

    Temenos, the Swiss banking software company, is in advanced discussions about an all cash offer for Fidessa, the UK trading technology firm, for around £1.4bn, which is likely to involve some debt issuance.

    • 20 Feb 2018
  • FCA plans for machine-filed reports

    The Financial Conduct Authority on Tuesday called upon technology experts from across the finance industry to give feedback on a new automated way to provide the FCA with regulatory reports.

    • 20 Feb 2018
  • European authorities give cryptocurrency warning

    European supervisory authorities jointly warned consumers this week about the potential risk of buying and holding virtual currencies like bitcoin.

    • 12 Feb 2018
  • HK watchdog clamps down on crypto exchanges, ICOs

    Hong Kong’s markets regulator has sounded off another warning on cryptocurrencies, taking action against a number of exchanges and issuers of initial coin offerings (ICOs).

    • 09 Feb 2018
  • CFTC warms to federal oversight of cryptocurrencies

    Commodity Futures Trading Commission chairman Christopher Giancarlo on Tuesday criticised the oversight regime of cryptocurrency spot transactions, saying that a “rationalised federal framework” could be more effective at ensuring the market’s integrity.

    • 06 Feb 2018
  • Crypto still too exotic for futures

    The cryptocurrency world exploded in popularity, appeal and market capitalisation over the course of 2017. Exchanges struggled to develop products to cater to the huge swell of speculative demand. They’re learning quickly that the market wasn’t ready.

    • 01 Feb 2018
  • Gathering storm batters bitcoin

    After months of sensational growth, bitcoin has, at last, faltered. An increasingly hostile regulatory environment has caused its price, which nudged $20,000 in December, to collapse to around $9,000.

    • 01 Feb 2018
  • US regulators toughen cryptocurrency stance

    The Securities and Exchange Commission and the Commodity Futures Trading Commission have hardened their stances on cryptocurrency markets, amid wider market concerns about initial coin offerings and the launch of bitcoin futures.

    • 23 Jan 2018
  • SEC slaps down crypto ETFs, for now

    The US Securities and Exchange Commission on Thursday slapped down the possibility of new cryptocurrency exchange traded funds until “significant outstanding questions” were answered with regards to investor protections.

    • 19 Jan 2018
  • ESMA ponders crypto CFD ban, consults on complex retail derivs

    The European Securities and Markets Authority on Thursday kept up the pressure on providers of complex retail derivatives products by announcing a short consultation on crack-down measures, including a potential ban on cryptocurrency contracts for difference.

    • 18 Jan 2018
  • Planning for the fall: what a cryptocrash would look like

    Bitcoin has, since its creation, been a wild ride. Volatility is part of its charm — after all, where else do you get more than 1,500% growth in a year? But if, or when, it crashes for good, how would it play out?

    • 16 Jan 2018
  • Kodak developing crypto-funding with banks out of shot

    Cryptocurrencies overtook venture capital as the dominant form of fundraising for start-ups in 2017. Now, a grown-up, publicly listed company is getting in on the action. Investment banks would do well to take notice.

    • 11 Jan 2018
  • Kodak pioneers cryptocurrency as listed company capital tool

    Kodak will hold an initial coin offering (ICO) on January 31 to sell Kodakcoin, the first cryptocurrency to be issued by a listed company, putting the burgeoning asset class in competition with established capital markets products like shares and bonds.

    • 11 Jan 2018
  • CFTC opens the floor for virtual currency discussion

    With all the excitement around bitcoin and its introduction into established futures markets at the end of 2017, it is perhaps not surprising that the US Commodity Futures Trading Commission’s first public order of business in 2018 has addressed those markets.

    • 05 Jan 2018
  • Theme for 2018: Capital markets brace for blockchain breakthrough

    When the shadowy figure known as Satoshi Nakamoto launched bitcoin in 2009, few predicted that the technology underpinning it would, in a few short years, be hailed as an invention as important as the internet. Capital markets are on the front line for disruption, writes Lewis McLellan.

    • 03 Jan 2018
  • Sovereigns should get off the crypto bandwagon

    The cryptocurrency boom has been mostly confined to the corporate world. But, some of the more forward-thinking countries are planning on getting into the digital currency game. They should know better.

    • 02 Jan 2018

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 102,038.49 382 7.96%
2 Bank of America Merrill Lynch 96,434.02 286 7.52%
3 JPMorgan 90,756.17 379 7.08%
4 Barclays 81,369.24 256 6.34%
5 Goldman Sachs 73,087.52 199 5.70%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Deutsche Bank 12,015.37 24 9.18%
2 SG Corporate & Investment Banking 11,212.23 27 8.57%
3 Bank of America Merrill Lynch 10,272.44 19 7.85%
4 Citi 7,587.00 19 5.80%
5 BNP Paribas 7,504.88 30 5.74%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 4,988.90 21 11.90%
2 Citi 3,261.58 15 7.78%
3 Deutsche Bank 3,129.21 16 7.46%
4 JPMorgan 2,944.72 14 7.02%
5 UBS 2,093.71 7 4.99%