Rooftop view of the Thames: JP Morgan to build new London office
JP Morgan plans to build a new UK headquarters in London's Canary Wharf financial district that will take six years to construct and house 12,000 staff, in a major boost to the city's position as Europe's leading finance hub.
Rupak Ghose
Japanese bond yields have surged in recent days to levels not seen in decades. At much the same time, Treasury yields have eased in anticipation of the US Federal Reserve cutting overnight interest rates.
JP Morgan plans to build a new UK headquarters in London's Canary Wharf financial district that will take six years to construct and house 12,000 staff, in a major boost to the city's position as Europe's leading finance hub.
Bank of America has been told by global regulators to increase its capital buffer but Deutsche Bank has seen its capital buffer requirement reduced in the latest annual review of global systemically important banks, or G-SIBs.
Bank of America has appointed Ibrahim Kamara as a director in its London structured finance team as the bank steps up efforts to expand its European origination business.
Europe’s capital markets continue to show signs of weakness, such as in new equity issuance, despite a record year of bond issuance and strong growth in private funding, according to a report from the Association for Financial Markets in Europe.
BNP Paribas underlined the size certainty and pricing advantages of the Australian dollar hybrid market for offshore financials with five times subscribed A$750m (US$485m) Additional Tier 1 note sale on Wednesday.
Schneider Electric was back in the euro market on Thursday with an opportunistic deal to top up the funding related to its €5.5bn acquisition of Temasek’s 35% stake in Schneider Electric India.
Credit Mutuel Arkea was the sole FIG issuer to test the euro market on Thursday as the Thanksgiving holiday in the US dampened market activity.
mBank became the third Polish lender in the past fortnight to access the euro market, with a deal that was more than eight times subscribed.
Arini has rapidly established itself as the most active newcomer in European CLOs, in a market bursting with debut managers, record issuance and optimism of even more growth to come.
Luxembourg-based digital bank Advanzia is working on a potential debut public credit card securitisation next year, a spokesperson told IFR.
The structured finance market paused for breath as attention turned to the Australian Securitisation Conference on November 25–26, towards the end of another stunning year for the asset class.
Bank of America has appointed Ibrahim Kamara as a director in its London structured finance team as the bank steps up efforts to expand its European origination business.
A heavyweight coalition of development institutions is close to launching a US$10bn “public development bank guarantee hub” to help unlock private investment in emerging markets.
Government Housing Bank issued a Bt10bn (US$309m) multi-tranche sustainability bond.
Resilience bond sales are showing signs of growing momentum as CAF – Development Bank of Latin America and the Caribbean closed the emerging asset class's latest issue and Tokyo Metropolitan Government prepares a follow-up next year to its landmark offering last month .
Latin American countries Honduras and Suriname are working to issue sovereign carbon credits that will support efforts to conserve their rainforests.
Deutsche Bank has set a €900bn target for sustainable and transition finance until 2030 and published its initial transition finance framework along with plans to finance more nature-based transactions as part of a broader update of the bank's sustainability strategy .
Indian Continent Investment, an entity owned by billionaire Sunil Bharti Mittal, has raised Rs71.9bn (US$806m) through the sale of 34.3m Bharti Airtel shares at Rs2,097.50, a 3% discount to Tuesday’s close of Rs2,161.60.
Bain Capital has raised ¥324bn (US$2.07bn) from a selldown in Japanese chipmaker Kioxia Holdings, in Japan's largest block trade this year.
Indian renewable energy company Sembcorp Green Infra is working with Axis Capital, Citigroup and HSBC on a US$500m–$750m IPO planned for next year, people with knowledge of the transaction said.
Shares in CK Hutchison rose 2.3% on Monday on news of a potential spinoff of health and beauty retailer AS Watson Group.
Arini has rapidly established itself as the most active newcomer in European CLOs, in a market bursting with debut managers, record issuance and optimism of even more growth to come.
Defense contractor ManTech International chose to reprice its existing unitranche debt with private credit lenders after failing to find a receptive audience for a broadly syndicated loan refinancing, according to a source familiar with the matter.
Creditors to EQT-owned Colisee have taken over the French nursing home, after cooking up a plan to take matters into their own hands in July, sources said.
Asian private equity firm Everstone Capital is seeking a €65m (US$75m) five-year loan to back its proposed leveraged buyout of German measurement technology group Qlar Group.
Lend it like Beckham
Bank of America has snapped up freshly knighted Sir David Beckham to work as an ambassador for its global sports programme, called Sports with Us. The multi-year partnership will see Becks – sorry, Sir David – promote the bank’s full sports partnership portfolio, which includes being official bank sponsor of the 2026 Fifa World Cup.
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Read the latest stories from the magazine IFR 2610 - 22 Nov 2025 - 28 Nov 2025
22 Nov 2025 - 28 Nov 2025