UK
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Europe’s IPO market gained two more deals of very different flavours on Tuesday when Rovio, the Finnish developer of the Angry Birds mobile phone game, and Charter Court Financial Services, the UK specialist mortgage lender, both filed intention to float documents.
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Yorkshire Building Society picked banks to arrange the sale of a new benchmark tier two on Tuesday, as it looked to follow a popular new senior issue from Credit Suisse in the sterling market.
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China and the UK will continue to promote the development of green finance through bilateral collaborations, despite the decision by US president Donald Trump to withdraw from the Paris Agreement, said Chen Yulu, deputy governor of the People’s Bank of China.
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United Biscuits, the maker of McVitie’s biscuits and Jacob's Crackers, signed a £725m syndicated loan on Thursday with 21 banks.
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Only two issuers raised sterling debt this week, with car finance company GM Financial and UK property company Shaftesbury Chinatown printing £640m between them.
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Brexit talks about Britain’s place in the European Investment Bank (EIB) failed to move forward this week, and called into question the status of many UK loan applications that remain on hold.
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CME Group on Wednesday shut its London-based derivatives exchange, CME Europe, and clearing house, CME Clearing Europe. All positions that were still open on August 30 have now been closed and settled.
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The UK Debt Management Office plans to sell a new index-linked Gilt in the 30 year area of the curve in November, it said on Thursday, as it prepares for its next syndication next week.
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Barclays has returned to the tier two market in euros for the first time in nearly two years, eyeing a clear issuance window this week following the summer break.
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ING has reshuffled its line-up of syndicated finance bankers, creating a new European regional head role while relocating its global head from London.
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Intercontinental Exchange’s (ICE) benchmark subsidiary is planning to administer the London Bullion Market Association (LBMA) Silver Price benchmark from September 25, the exchange operator announced on Tuesday.
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Banks scrambled this week to trigger credit default swaps on the back of Noble Group’s loan restructuring in June, after the Asian International Swaps and Derivatives Association determinations committee decided to dismiss the issue, a lawyer has told GlobalCapital.