In the intensely competitive battle to advise and finance technology companies, Citigroup is transforming how it covers the sector, including another senior hire from JP Morgan. It also plans to start research on up to 100 private firms in Silicon Valley and beyond.

US investment bank Evercore is buying UK boutique advisory firm Robey Warshaw for £146m to ramp up its business in the UK and Europe.

Barclays’ investment bank revenues rose 10% in the second quarter as a buoyant performance across its trading businesses outweighed a 16% drop in advisory and underwriting fees, where it underperformed its big US rivals, echoing a similar trend across European investment banks.

Standard Chartered beat analysts' expectations with a 44% jump in pretax profit in the second quarter, fuelled by a 47% surge in trading revenues as clients used it as "a risk management machine" amid volatile financial markets. That was added to by strong gains in investment banking and wealth management.

Zuercher Kantonalbank stood alone in the Swiss franc bond market on Monday with a SFr265m (US$328m) self-led two-part senior offering that was split across 4.25-year and 10-year tranches.    

French investment company Wendel is looking to make the most of strong technicals and a quiet summer market as it announced plans on Monday to bring a new issue to refinance a 2027 maturity.

Deutsche Bahn has scored a two-notch upgrade from S&P to AA+ from AA– thanks to Germany's new investment drive, which is centred on infrastructure and defence.

Southern Water made a remarkable return to the bond market on Thursday, coming a month after it reached an agreement with its shareholders to inject additional equity to support its fragile balance sheet.

Canyon Partners entered into a venture with A&D Mortgage and Imperial Fund Asset Management that will enable the issuance of US$5bn in non-agency RMBS deals.

Alcentra is the latest European CLO manager to avail itself of delayed-draw funding offered by Deutsche Bank, which is one of a select group of CLO arrangers to offer the flexible product.

Blackstone has privately preplaced and priced a roughly £1.54bn securitisation backed by its portfolio company Haven Leisure's UK holiday parks via joint lead managers Goldman Sachs, Deutsche Bank, Citigroup (arrangers), RBC, JP Morgan, Barclays and Wells Fargo, amid surging CMBS activity in Europe.

The momentum in the European CLO market showed no signs of slowing down over the past week, even as August approached and many investors were away from their desks on their summer holidays.

UK financial institutions are updating their climate transition plans to get ahead of potential regulation and align with the British government's aim of becoming a leader in transition finance. 

The Durst Company knocked it out of the park on Thursday with a US$1.3bn green commercial mortgage bond that drew heavy orders, signaling solid investor interest in top-tier office properties.

Deutsche Bank has appointed Esra Turk to the newly created role of global head of sustainable finance for its investment bank as the firm targets opportunities in global energy transition. 

Issuance of sustainability-linked bonds in 2025 is likely to be US$31bn, according to Barclays, well below its previous forecast for US$39bn after issuance fell 15% to US$16.2bn in the first half of the year.

Miami International is seeking to raise up to US$315m from an NYSE IPO that is integral to recapitalizing the business after Warburg Pincus extended a loan that funded an acquisition. 

Figma responded to runaway investor demand for its US$1.2bn NYSE IPO last week by dramatically increasing its valuation but not the size of the offering, forcing investors to purchase stock in the aftermarket.

From IPO boom to the rise of block trades, the Middle East's equity capital markets are evolving at rapid speed – driven by hefty issuance volumes – and attention is now turning to equity-linked products.

Private credit has provided an unexpected liquidity pool for syndicated sterling term loans, with direct lenders drawn to the enticing spreads on offer.

Ford Motor has bolstered its liquidity with a US$3bn delayed-draw term loan as American automakers grapple with sweeping tariffs announced by US president Donald Trump.

India's National Bank for Financing Infrastructure and Development is looking to make its debut in the offshore loan market to diversify its funding sources as it aims to borrow around Rs1trn (US$11.4bn) annually from March 2027.

Flutter Entertainment returned to the primary debt markets last week to fund an acquisition just two months after its previous M&A-driven issuance, with investors happy to overlook its higher leverage ratios and focus instead on its strong cashflow generation.