GC Search

Search results for

Tip: Use operators exact match "", AND, OR to customise your search. You can use them separately or you can combine them to find specific content.

There are 371,660 results that match your search.371,660 results

Sort by

Regulatory Capital

CEO drama unlikely to dent ING AT1 demand

ING left its investors bemused on Wednesday, when it decided to pull the additional tier one (AT1) bond it was marketing on the basis of undisclosed information it had received. After the news of its chief executive’s move to UBS quickly became public, the door was left open for the bank to complete the trade.

David Freitas, February 20, 2020
Leader

ECB is revving the engine but the handbrake is on

Europe’s capital markets are back in super-demand mode.

Jon Hay, February 20, 2020
FIG People and Markets

Intesa fires starting gun on new phase of Italian bank consolidation

Intesa Sanpaolo took the market by surprise when it launched a takeover bid for UBI Banca this week. A successful deal could set off a long overdue wave of mergers and acquisitions within the Italian banking sector, which ECM bankers are hoping will be financed through a slew of new rights issues. Tyler Davies and Sam Kerr report.

Sam Kerr, February 20, 2020
Asia

HSBC’s restructuring: is it enough though?

HSBC’s corporate finance staff have survived its restructuring largely unscathed, but the more ambitious among them will see the bank’s plans as a missed opportunity, writes David Rothnie. And with no answer yet on the identity of the next full-time CEO, the uncertainty is not over.

David Rothnie, February 20, 2020
Derivatives

Battle over high stakes position limits coming as EC reopens commodity derivs question

A politically charged fight over position limits on commodity derivatives appears set to kick off after the European Commission opened a consultation on the second Markets in Financial Instruments Directive (MiFID II) this week.

Ross Lancaster, February 20, 2020
Senior Debt

Trio gets strong reception in senior

Three banks seized a favourable backdrop in the bond market to sell senior bonds this week, finding a warm welcome for maturities from three to six years.

David Freitas, February 20, 2020
Corporate Bonds

US firms cram into market, accelerate bonds

US corporate bond issuers set a blistering pace this week as crowded into the market in droves after Monday’s Presidents’ Day holiday.

David Rothnie, February 20, 2020
SSA

Madrid ratchets in spread

Two SSA borrowers hit screens on Wednesday with green euro benchmarks, following a successful outing by Madrid, which saw the bond’s sustainability feature driving the spread to the tightest achieved at reoffer by a Spanish region.

Lewis McLellan, February 20, 2020
SSA

Euros going strong, but hints of price push-back emerge

The euro market, unlike the quiet dollar market, is going from strength to strength for SSA borrowers. However, the tight spreads are starting to make their presence felt, with investors starting to push back.

Lewis McLellan, February 20, 2020
Leader

EBRD: futureproofing Sonia

The European Bank for Reconstruction and Development made a bold move this week by rewriting the rulebook for how coupons of Sonia-linked floating rate notes should be structured. It annoyed some, but it’s hard to argue against the logic.

Burhan Khadbai, February 20, 2020
Regulatory Capital

BNPP sets AT1 record as Asia piles into dollars

BNP Paribas this week set a new record low for an additional tier one (AT1) coupon issued from a European bank in the dollar market, raising $1.75bn amid heady demand for the product. Iceland’s Arion Bank was also in the market, chipping in with a $100m deal ahead of beneficial domestic tax changes.

David Freitas, February 20, 2020
Supras and agencies

Sonia gets makeover as EBRD shifts new structure

The European Bank for Reconstruction and Development this week became the first borrower to deviate from the standardised coupon calculation method for Sonia-linked floating rates. While investors backed the new structure, with the deal receiving a huge order book from a large number of accounts, there are some market participants who believe the disruption was unnecessary, writes Burhan Khadbai.

Burhan Khadbai, February 20, 2020

...

3110

3111

3112

3113

3114

...

30971