UK
-
Investec Bank priced a new bond on Tuesday. It is the second bank in the past few weeks to execute a tender at the same time as issuing new tier two notes. -
After a tough run for issuers, the euro corporate bond market appears to have headed for its summer holiday early this year. The sterling market, however, kept investors busy last week, and the Bank of England’s monetary policy committee meeting in August is being closely watched.
-
Post-trade infrastructure company Depository Trust and Clearing Corporation (DTCC) on Wednesday announced that it would open a new office in Dublin in an effort to sidestep uncertainties stemming from Brexit.
-
The UK government’s white paper on Brexit, presented as a way of moving negotiations forward with the EU, disappointed many in the UK financial services industry. However, the increasing likelihood of no Brexit deal at all means that disappointment doesn't matter — the proposals laid out in the white paper are little more than noise.
-
Sumitomo Mitsui Financial Group came to the market on Tuesday with a senior deal that it originally announced in May. Meanwhile, Investec and Fidelidade were consulting on subordinated deals.
-
Shares in ASA International, the Amsterdam-based microfinance firm, have traded up nicely since they began trading on the London Stock Exchange, capping off a largely successful vintage of IPOs in Europe.
-
Are professional codes of conduct shining lodestars for how to behave in financial markets — or dusty screeds of boilerplate that no one can remember? That is what a group of enthusiasts are trying to discover, in the hope that such codes, if used in the best way, could genuinely improve behaviour.
-
TheWorks.co.uk, the UK discount stationery retailer, has priced a £65m IPO on the London Stock Exchange, despite a turbulent backdrop for the retail sector in the UK.
-
US cable company Comcast fired a salvo in the acquisition battle for the UK’s Sky, valuing the company at almost £1.5bn ($1.98bn) more than 21st Century Fox’s own improved bid that was announced on Wednesday.
-
-
After three sterling bonds this week from the eurozone, the cross-border issuance in the currency reached its highest ever year-to-date level, according to Dealogic.
-
