Citigroup has made another swoop for a former JP Morgan senior banker and hired Tom Prickett as head of G10 rates for Europe, the Middle East and Africa, a newly created role based in London.

Aperture Investors has hired Nick Turgeon to lead its new asset-based finance strategy and manage a related fund that is targeting an initial size of US$1bn. 

Commerzbank has admitted it is uncomfortable with UniCredit being its biggest shareholder since the Italian bank is also a competitor in its domestic market through HVB, its fully owned German subsidiary.

Singapore's three biggest banks saw first-half profits dip as falling benchmark rates hit net interest income.

Swisscom tapped its home market for a SFr350m (US$433m) dual-tranche deal on Thursday, testing investor appetite for corporate credit on the same day 39% US import tariffs were imposed on Switzerland.

Five banks have pledged to support the new defence-focused multilateral development agency that has been proposed to bolster Nato and allied nations' security spending.

Mozambique’s sole international bond has delivered strong returns this year as political and social unrest subside and plans by TotalEnergies to restart a multibillion-dollar natural gas project in the country gain momentum.

After a two-month hiatus, Deutsche Bank made a comeback to the euro senior FIG market on Wednesday, drawing a more than threefold demand for a €1.25bn self-led three-year non-call two senior non-preferred offering. 

The Financial Conduct Authority's redress scheme on missold car finance loans is not expected to have any impact on UK auto ABS deals rated by S&P, the ratings agency said in a press release on Tuesday.

Morgan Stanley Investment Management has converted its Morgan Stanley Mortgage Securities Trust, a mutual fund that invests in structured products, into an exchange-traded fund.

The US asset-backed primary is fast out of the gate in August as issuers seek to take advantage of favorable funding conditions and investors remain eager for higher-yielding alternatives to corporate bonds.

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.

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.

Crystal Korea has raised W347.8bn (US$251m) from a sale of shares in South Korean information technology service provider LG CNS via a club deal.

Coinbase raised an upsized US$2.6bn from a two-part sale of convertible bonds on Tuesday, providing a US$10bn war chest to grow the business while also prefunding debt maturities with lower-cost paper.

Tata Capital plans to launch an up to Rs170bn (US$1.93bn) IPO in September which comprises 210m primary and 265.8m secondary shares. 

Bullish kicked off marketing of a circa US$630m NYSE IPO Monday morning that the crypto-focused exchange is using to acquire stablecoin and continue to grow its business.

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.