On Wednesday, Penske Truck Leasing (Baa2/BBB+) hit the market with a $750m five year trade that tightened by 25bp to print at 85bp over Treasuries. Bank of America, JP Morgan, MUFG, US Bancorp and ...
The rates market has traditionally been the bastion of stability in bond markets. Its biggest component — sovereign bonds — provide the risk-free rate and bedrock in any given currency. But that ...
UK financial regulation is shifting into a new gear, in which the emphasis will be strongly pro-growth and innovation, possibly with a higher tolerance for risk.
Public sectors issuers have made an exceptionally strong start in the bond market this year. Although next week volumes are expected to drop as Chinese/Lunar New Year celebrations take many Asian ...
EM primary issuance has been quiet in dollars this week, with issuers wary of volatility from Trump’s blizzard of policy announcements and executive orders. However, a handful of CEEMEA borrowers have ...
Esoteric ABS picked up steam this week, with remarkable oversubscriptions, familiar names from tricky sectors, and even some debutants as tight credit spreads drive investors to less traditional ...
Corporate bond issuance in Europe has underwhelmed in volume so far this year, but the market is pinning its hopes on a burst of deals in February led by US companies. Conditions are right for them to ...
Supreme in investment banking, Jamie Dimon is still not satisfied. Going further will depend on JP Morgan’s new gameplan — to catch companies young ...
The appointments are a push by Goldman’s CEO David Solomon to promote the next generation of leaders and retain top performers, in anticipation of a revival of M&A and capital markets activity at a ...