Tobii bounces on Skr450m rights issue plan
Shares in Tobii, the Swedish eye-tracking technology company that floated in April 2015, rose 5% on Monday after it announced plans to raise Skr450m (€45m) in a rights issue, saying the consumer...
View ArticleSingapore Exchange wraps up Baltic Exchange buyout
Singapore Exchange has completed its takeover of the Baltic Exchange in London.
View ArticleWhat Clinton’s free college plan could do to SLABS
Presidential candidate, and favourite to win today’s election, Hillary Clinton wants to let most US college students attend state colleges tuition-free. But the federal aid boost could see more...
View ArticleICE names data global head
Intercontinental Exchange, the US based exchange and clearing business, has hired a global head for its ICE Data Services Connectivity and Consolidated Feed businesses.
View ArticleBank of England stimulus might be the tough medicine UK RMBS needed
Central bank stimulus will weigh on UK RMBS issuance in the short term, but that could drag the market into becoming a more significant tool for bank treasurers.
View ArticleTurkey can survive political, but not economic risks
Investor support for Turkey has proved remarkably resilient this year. A coup attempt and ensuing state of emergency, and two downgrades to junk, did little to shake support, but Turkey’s luck is...
View ArticleOne rule for German senior, another for everyone else.
The European Central Bank’s politicised decision to allow bail-inable German senior unsecured debt to be eligible for repo, whilst denying the same rights for everyone else, is untenable.
View ArticleABS markets calm on eve of election
ABS market players, though prepared for any knee-jerk reactions to an election upset, are keeping their cool as the US presidential race draws to a close.
View ArticleNon-core currency bonds resilient in the face of US uncertainty
Donald Trump's victory in the US presidential election went largely unnoticed in key niche currency bond markets on Wednesday morning. Non-core currency bankers were confident pipelines will remain...
View ArticlePhoenix rises 0.7% after completing £735m M&A rights issue
Shares in Phoenix Group Holdings, the UK buyer of closed life insurance books, rose 0.7% on Wednesday after it announced the successful completion of its £735m rights offer to finance its takeover of...
View ArticleSSAs straight back to business with green mandate
Public sector borrowers have hardly skipped a beat in the wake of Donald Trump’s election victory, getting back on track with an NRW.Bank green bond mandate hitting screens on Wednesday.
View ArticleEuro ABS spreads recover after blip, but investors remain cautious
European ABS spreads widened briefly on Wednesday morning after the shock US election result, but quickly recovered.
View ArticleCitigroup chooses new Americas ECM co-head
Citigroup has made a new appointment in its Americas equity capital markets business.
View ArticleVelocity closes blockchain derivatives project
Velocity, a derivatives blockchain project, has closed, saying that financial derivatives “are a little too early” for the Ethereum ecosystem.
View ArticleInflation swaps clearing leaps at LCH
LCH has cleared over $1tr in inflation swaps since the service launched in April last year, but growth picked up sharply since US margin rules on uncleared derivatives came into force.
View ArticleExtreme president, moderate reaction — for now
US and European equity investors have reacted with a degree of equanimity to Donald Trump’s capture of the White House, fastening on to the idea that he is likely to stimulate the US economy with...
View ArticleCMBS holds firm after election surprise
The CMBS market took the surprise US presidential election result as an opportunity to pick up bonds on the cheap, with spreads tightening in the immediate aftermath of Tuesday’s vote.
View ArticleEnergy players see opportunities despite Trump’s stance
Property Assessed Clean Energy (PACE) and solar energy players are not giving up on potential benefits of a Donald Trump presidency on the sector, despite the president-elect’s controversial opinions...
View ArticleVerizon preps second deal after strong debut
Verizon Communications has returned to the market with a mobile phone contract-backed ABS, after it made headlines in June with the maiden deal for the asset class.
View Article‘Trump trade’ opens 10 year dollar window for SSAs’ packed January
Donald Trump may have pledged to “make America great again”, but his election as US president this week could also make 10 year dollar benchmarks trade again.
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