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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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Government’s refocus on clearing hidden local government debt set to trigger more restructuring and missed payments
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Citi appointed Jane Fraser the first female CEO of a major US bank two years ago. She must not be the last
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German-based travel company could launch deal within weeks, but without major shareholder
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Higher pricing down to market, not issuer, says lead manager
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Analysts say the short-term risk of Nigeria falling into debt distress is low
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The war has made investors more wary of emerging markets, even if Russia’s barring from capital markets is an extreme example of the risks they face