Former UBS DCM head joins Van Lanschot board
Manfred Schepers, who worked at UBS Warburg and its predecessors for 17 years to 2003, has been nominated to join the board of Dutch bank Van Lanschot.
View ArticleMiddle market CLOs eye Asian, insurance company cash
Antares Capital Advisers’ first middle market CLO in the 2.0 era is rumoured to have attracted the interest of Asian investors, potentially unlocking another sizeable source of funding for a market...
View ArticleAnti-PACE bills could inflict "serious wounds" - panel
Property Assessed Clean Energy (PACE) industry experts warned that the anti-PACE bills introduced by congressional lawmakers this month could "inflict serious wounds" on a multi-billion dollar industry...
View ArticleMorningstar hires new CMBS ratings chief
Morningstar Credit Ratings has hired Charles Citro as head of its CMBS ratings business.
View ArticleCFTC extends no-action relief for European swap deals
The US Commodity Futures Trading Commission has extended no-action relief for US based swap dealers not yet compliant with the CFTC’s final margin rule when they are conducting European business.
View ArticleESMA extends CCP cooperation to New Zealand
The European Securities and Markets Authority has established a memorandum of understanding with regulatory authorities in New Zealand, to enhance co-operation over regulation of central counterparties.
View ArticleCounterparties face worse credit terms for OTC derivs contracts
Counterparties are being offered significantly worse credit terms for euro-denominated OTC derivative contracts, according to a panel of 28 banks, in the biggest deterioration reported in a...
View ArticleCroatia fin min accused of Agrokor conflict
The Social Democratic Party of Croatia filed a motion in parliament on Thursday to depose the minister of finance, Zdravko Marić, alleging a conflict of interest with decisions related to the...
View ArticleAvant returns to ABS market with new deal
Subprime marketplace lender Avant is readying its first ABS transaction of 2017.
View ArticleTop of levloan market called as Micro Focus leans on dollars
A strange and, until recently, rare phenomenon has been witnessed in the leveraged loan market — pricing widening on deals. On Thursday Micro Focus chose only the minimum amount for the euro tranche...
View ArticleUS banks roar through Q1 as numbers surge
Strong volumes at the start of the year and an easy comparison quarter have meant the US banks have posted stonking sets of investment banking numbers in their first quarter reporting. Goldman’s...
View ArticleCME Europe to stop trading numerous illiquid products
Many of the illiquid products on CME Europe will stop trading at the end of this week following CME Group’s decision to close the derivatives exchange.
View ArticleThe WFE annual derivatives survey highlights commodities again
The World Federation of Exchanges has published its annual report into the global derivatives market. The report, covering 2016 activity, showed overall annual growth of 2.20%. Commodity derivatives...
View ArticleArgentina's Capex mandates to meet maturity challenge
Capex SA, the Argentine electricity company, is planning a $300m bond sale with Standard & Poor's promising an upgrade should the borrower successfully be able refinance its forthcoming maturities.
View ArticleBond buyers storm into Neuquén return
Argentine province Neuquén priced a new bond that was more than six times subscribed on Thursday as investors jumped into the first Latin American deal following the quiet Easter period.
View ArticleCash rich Lat Am market ready for first time issuers
The success of Argentine province Neuquén’s $366m bond issue on Thursday left bankers confident that the Latin America bond market was more than capable of taking on the flurry of rare and debut...
View ArticleRMB round-up: BlackRock backs A-shares in MSCI, former Safe official says...
BlackRock has backed MSCI to include A-shares in its benchmark index, a former State Administration of Foreign Exchange (Safe) official says China should open its onshore renminbi market, and Standard...
View ArticleGlobalWafers nets $470m from GDS block
Taiwanese semiconductor manufacturer GlobalWafers Co has raised $469.2m from a sale of Global Depository Shares, which it plans to to use for repaying loans from its acquisition of SunEdison...
View ArticleCovered research round up: new German issuer; larger Canadian programmes;...
The first German building society is poised to enter the Pfandbrief business, two Canadian banks have substantially increased the size of their covered bond programmes and prospective downgrades of...
View ArticleIFC, Amundi to launch world's largest EM green bond fund
IFC and Amundi will launch the largest green bond fund dedicated to emerging markets, in a bid to encourage more financial institutions to use the product.
View Article