Top section
Top section
Collaboration to integrate consolidated bond tape data into electronic trading workflows
◆ Iran peace deal in sight but where are the Middle East issuers? ◆ Why primary capital markets will be slow adopters of DLT ◆ Why French covered bond issuance has slowed and why it might pick up
Recently departed banker to resurface in Asia
More articles
More articles
More articles
-
The US Alternative Reference Rates Committee (ARRC) has updated its reference rate guidance for the move away from dollar Libor that removes the need to get a lending syndicate’s consent. But trade bodies on both sides of the Atlantic do not agree on the details, writes Mike Turner, and some lawyers claim that major issues still need to be addressed before the ARRC-recommended method can work. -
EU leaders meet this weekend to hash out the multi-annual financial framework — the €1tr plan guiding the bloc’s next seven years of spending. The budget contains the €750bn recovery fund, which will likely prove a contentious topic but, if approved, it could reshape the European economy and lead to big changes in its public sector bond market. Lewis McLellan reports.
-
Huge capital markets revenues helped US banks stack up more provisions against loan losses in the second quarter, as they prepare to weather the economic impact of the coronavirus pandemic. But analysts warn that firms will not be able to repeat this trick in the second half of 2020, with trading and underwriting returns likely to climb down from their peaks.
-
Financial institutions are set to spend the summer months monitoring conditions for issuance in order to continue funding this year or to frontload funding needs for next year, according to deal arrangers.
-
Credit Suisse has made three senior appointments to its China securities joint venture.
-
HSBC’s global head of ECM is under no illusions about the challenges the bank faces but says HSBC’s restructuring is not one of them. David Rothnie reports.
Sub-sections
