United States

ENSO Financial Analytics, an ICAP Group company that analyses data for hedge funds and prime brokers, has added a platform that is targeted at new managers.

US biopharmaceutical firm Johnson & Johnson on Wednesday issued a four tranche bond, including 19 year notes, amid much competition in a market that absorbed 17 deals this week.

The recent stabilisation of financial markets, following February's turmoil, has been good for some investors but not a positive for many trading in the options market.

Kraft Heinz Foods printed a €1.8bn two tranche note with minimal concessions on Wednesday — a day that produced more than €7bn of primary issuance and proved that investors were hungry for variety in the sectors they buy.

Detroit car maker General Motors on Wednesday received orders totalling more than seven times its €500m bond as it dodged investor weariness with the glut of supply in the market.

Allianz Risk Transfer, with the help of several partners, has created a novel hedge product to protect wind projects against the risks of intermittent wind resources, which deal watchers say could have a major impact on the market.

German specialty chemicals company Evonik Industries launched €1.9bn of loans into syndication on Wednesday.

Primary issuance of euro corporate bonds is catching up fast with the €134bn issued in the first half of 2015 .

Credit Suisse booked its second straight quarterly loss, but beat investor expectations with a win in its wealth management units — the centrepiece of the bank’s turnaround strategy.

Citi has made two senior appointments in its global equities division to fill the gap left by former head Derek Bandeen, who is retiring from the firm.

Concerns of rising central clearing costs are pushing derivative market participants to step up compression initiatives and shrink trade volumes to a post-2007 low, according to an industry report.

A gulf is opening up between wider financial market valuations and those of oil traders, who are pricing options to reflect the lowest chance of a downturn so far this year, even as fundamental risks mount.