United States

Mizuho has hired Richard Thompson as co-head of US private placements.

Intesa Sanpaolo will price a 10 year AT1 note this week, becoming the latest European bank to enter the capital market after ABN Amro announced its inaugural euro AT1 deal yesterday morning.

The International Finance Corp (IFC) opened books on its second ever Islamic bond deal on Tuesday, a rare amortising sukuk and one of two SSA Islamic deals scheduled for September.

Barclays began marketing a multi-tranche Samurai trade on Monday, as some FIG bankers claimed European banks were still baulking at the new issue premiums being offered by US visitors to the euro market.

The release of non-farm payroll data in the US did not deter Goldman Sachs from entering the senior unsecured market on Friday, as it became the latest in a line of North American banks to issue euro floaters.

Recent global volatility stemming from China’s stock market battles has prompted debate among credit traders about the potential impact of a US rate rise this month, and fears for the consequences should it be pushed back to a later date.

As Lindorff's market-opening deal proved on Thursday, the European high yield market has a good chance of avoiding contagion from the wider swing away from risk in financial markets — but a comeback like the stunning rallies in January and July is unlikely.

Oil prices have rebounded from recent lows sending both investment grade and high yield oil and gas bonds to trade tighter than last week’s all-time highs.

Wells Fargo attracted strong demand for a seven year senior unsecured deal on Thursday, as investors returned en masse to the European FIG market.

The European high yield market has a good chance of avoiding contagion from the wider swing away from risk in financial markets, according to investment strategists at Deutsche Bank.

Markets for VIX products suggest that many traders sold into last week's volatility spike, with mixed results.

In the wake of a selloff despite People’s Bank of China easing, the China Financial Futures Exchange implemented a series of new rules designed to stop the pain.