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Primary needs stability, on top of any peace deal
Five months in, Alessandro Melzi is getting started on the plan, but his boss is about to change
Bonds of energy importers have sold off, but investors convinced fundamentals are still strong
Managers pause deals as spreads widen, but swift resolution is still priced in
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Thames Water refinancing battle is an unedifying mess -
Their focus is stability and security, and investing in cryptocurrencies is anything but that
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Citigroup exchangeable bond reaches end of pricing period
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The country has been grappling with high deficits and political chaos
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The investment bank compensation process is as much ritual as reckoning — a yearly exercise in hope, dread, and, for some, quiet fury. But while everyone’s sweats over their number, few stop to ask how it’s calculated. Here’s a blow-by-blow breakdown of what really happens behind closed doors
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Powell has every reason and every right to stick to his guns
