Analysis by the Basel Committee on Banking Supervision has concluded that the growing synthetic risk transfer markets, which are estimated at €750bn across the euro area, UK, US and Canada, pose lower risks than credit securitisation initiatives carried out before the 2008 financial crisis.

Ulf Erlandsson is leaving the Anthropocene Fixed Income Institute, the prominent ESG research and advocacy body he founded six years ago, to return to Swedish state pension fund AP4, though he will remain a director at philanthropy-funded AFII.

A small band of UBS traders are making waves in Europe’s famously sedate SSA and covered bond markets after scoring a major windfall last year.

US regional banks are not only defending market share in investment banking as their larger Wall Street rivals go on the prowl, they are gaining share, using their strong balance sheets and beefing up staff.

Nykredit Realkredit broke a longstanding record for the tightest reset spread in the euro Additional Tier 1 market on Tuesday, pricing a €500m perpetual non-call 5.5-year bond with a 286.7bp reset. 

UK enterprise software company The Sage Group is defying the technology-related selloff, with plans to print a euro deal as soon as Wednesday.

Municipality Finance amassed a record order book for its new euro benchmark, which it built from a market mostly cleared out of SSA supply by Lunar New Year holidays in China and across South-East Asia.

Slovenia received plenty of interest as it tapped its 2036 euro benchmark on Monday via syndication.

The UK’s Financial Conduct Authority is planning public consultations that could lead to an easing in the reporting and due diligence requirements in the securitisation market, according to people familiar with the matter, as the watchdog moves to finetune its post-Brexit securitisation regime.

MA Money encountered some indigestion for its seventh and largest RMBS issue to date, the upsized A$1.25bn-equivalent (US$880m) non-conforming MA Money Residential Securitisation Trust 2026-1, which included the issuer's inaugural yen tranche.

London-based Fasanara Capital is joining Park Square and Golub Capital in the latest wave of managers pressing ahead with the development of European CLO platforms.

A raft of new private credit CLOs in Europe will come as a relief for a market that has lacked enough issuance of new broadly syndicated leveraged loan deals to fuel the CLO machine. There are potentially eight private credit CLOs making their way into the market, sources say, reflecting the boom in private credit loans and increasing investor comfort with a sector that could offer higher spreads versus CLOs backed by broadly syndicated loans. 

Two leading Asian borrowers are poised to take biodiversity financing to a new level as China and the Philippines prepare the first sovereign bonds that will dedicate proceeds to addressing biodiversity loss and protecting natural ecosystems.

Tokyo and London are collaborating on transition finance as the two global financial centres join forces to develop the fledgling transition bond market.

South Africa's FirstRand Group's transition finance framework offers a blueprint for structuring the next round of transition deals for issuers in emerging and developing markets. 

The International Capital Market Association is concerned that Europe's proposed Sustainable Finance Disclosure Regulation 2.0 could have the unintended consequence of stifling the sustainable fund market. 

Demand was strong enough for a £77m primary accelerated bookbuild for London and Johannesburg-listed Sirius Real Estate to price the 5% capital raise at a premium on Monday evening.

The IPO of Kuwaiti supermarket operator Trolley reached a final deal size of KD59.5m (US$194m) after upsizing following strong demand.

Indian payments company Razorpay has hired Axis Capital, Citigroup, JP Morgan and Kotak to work on an up to US$500m IPO planned for later this year, people with knowledge of the transaction said.

Hong Kong-listed luggage maker Samsonite Group is planning a dual listing in the US to access global investors and improve liquidity. 

India's central bank has confirmed that it will allow lenders to finance up to 75% of the acquisition value in M&A deals.

Following a challenging few months for chemicals borrowers in the leveraged finance market, investors are flocking to a US$1.725bn-equivalent dual-currency loan that backs the US$1.8bn acquisition of DuPont’s heat-resistant fibre business Aramids by US resins manufacturer Arclin.

A trio of high-profile buyouts has enlivened the European leveraged finance market, providing much needed new money supply, although bankers remain sceptical over a meaningful resurgence in M&A as the pipeline remains frustratingly light.

The AI boom has been backed by investor enthusiasm – and their money – on an unprecedented scale. Investment bankers have high hopes of a huge year for deals. But just like the broader economy, will this be a K-shaped market for tech deals?

How stable is a stablecoin? That is a question that S&P attempts to answer via its Global Ratings’ Stablecoin Stability Assessment, a product designed to quantify a stablecoin’s ability to maintain its peg to a fiat currency. It produces a score from 1, very strong, to 5, weak.

A quick glance at investment bank share prices over the past year tells a story: business is booming and the outlook is rosy. The question now, in the middle of reporting and bonus season, is how much of the profits will bank bosses have to give away to their staff.

Strong black coffee – check. Two painkillers – check. A cigarette – check. Breakfast … done.