Leveraged loan market ripe for innovation after 2023 revenue bump
US dealer revenue hit US$900 million in 2023, representing a 16% increase against 2021 and a 29% bump on 2022, attributed to a renewed...
Origination: SocGen’s Sogecap issues €800 mil in perpetual notes
Societe Generale’s life insurance company Sogecap has issued €800 million in restricted Tier 1 perpetual notes.
Perpetual notes have no maturity date, and are non-redeemable....
Behavox snaps up Mosaic for transaction data insights
Data services provider Behavox has acquired Mosaic Smart Data as it prepares to release a trade surveillance product.
Mosaic aggregates internal and external transaction data...
Hunt: UK to set pension investment targets, launch market platforms and rebundle research payments
Jeremy Hunt, Chancellor of the Exchequer, has set out the UK's plan for regaining its initiative in capital markets at his Mansion House Speech....
FCA fines PwC £15m over failure to report suspected fraud at LCF
The Financial Conduct Authority (FCA) has fined Big Four consultancy PricewaterhouseCoopers (PwC) for failing to report to the regulator their belief that London Capital...
Glue42 aims to boost buy and sell-side internal collaboration
Glue42, the desktop tools integration specialist, has released a new version of its open-source platform, Glue42 Core. The new release, version 2.0, is designed...
ESMA: APA problem is not a risk to investment firms
The European Securities and Markets Authority has said that a recent problem in reporting bond market data via an approved publication arrangement (APA) does...
Traders grapple with bigger syndicates and more issuance
To handle wider syndicates and greater volumes of issuance, traders cannot rely on manual processes. Chris Hall investigates.
“There has been no real improvement in...
Delivering a liquid market for NGEU bonds, Angelo Proni, MTS
Q&A with Angelo Proni, Head of New and Domestic Markets, MTS
Why is the NGEU initiative important for Europe?
On 21 July 2020, EU leaders agreed to...
Nomura Securities hit with special entitlements suspension
Nomura Securities has had its Special Entitlements of JGB Market Special Participants (Primary Dealer) suspended for a month as part of actions against unlawful...
Chinese equity sell-off leaves locals “more cautious” on debt
Buy-side traders in the Chinese debt markets are noting some effect from the equity sell-off, which was triggered by concern around government and regulatory...
Asset managers ‘not investment firms’ under MiFID II?
By Flora McFarlane & Dan Barnes.
Several European investment managers have reportedly claimed that they will not be classified as investment firms under the revised...
