UBS

GlobalCapital is delighted to announce the winners of its Americas Derivatives Awards for 2017. The results were revealed at a gala dinner at New York’s Metropolitan Club on May 25. Our thanks to all those who attended the dinner and competed for the awards.

Pricing in Europe's equity block trade market has tightened markedly, following large inflows of funds into European equities in the weeks since the first round of the French election, as investors queue up for more exposure to a continent primed for growth and now largely free of political risk, writes Aidan Gregory.

Reliance Infrastructure has received the final go ahead from India’s market regulator to list its infrastructure investment fund, putting it on track to be the country’s third InvIT IPO.

The Asia ex-Japan G3 bond market saw a slew of issuers from a variety of backgrounds hit the market on Thursday, with borrowers from Greater China as well as Indonesia venturing offshore.

Korea East West Power Co (EWP) is pursuing a new dollar deal, marking its return to the debt market after nearly three years.

Korea Gas Corporation is getting ready to gauge investor interest for a new dollar bond, and will kick off a roadshow in Europe in June.

Nova Ljubljanska Banka, Slovenia's largest bank, has sold its entire 13.1% stake in Istrabenz, the conglomerate, ahead of NLB's long awaited reprivatisation, according to a regulatory filing on Monday.

Nanyang Commercial Bank is seeking a dollar-denominated Basel III compliant additional tier one deal.

The Swiss franc bond market saw its first Matterhorn –– a foreign deal of Sfr1bn ($1.02bn) or more — of the year on Wednesday, and the first from a BBB issuer, as Verizon Communication raised Sfr1bn with its debut. It was a sign that Switzerland has once again become an attractive destination for international borrowers, writes Silas Brown.

The Swiss bank has proved to be world class in generating returns and cutting costs. Now it faces a direct assault from rivals on its core business, writes David Rothnie.

Korea Water Resources Corp raised $350m on Tuesday, becoming the first corporate in the offshore market after South Korea’s presidential election, issuing just two days after North Korea tested a new missile.

GIC, one of Singapore’s two sovereign wealth funds, has sold a chunk of the stake in UBS it acquired before the financial crisis, through a mandated block trade led by UBS’s own investment bank.