Figure Technology Solutions' management has been busy hawking a new blockchain trading platform that would facilitate on-chain, off-exchange trading of shares, beginning with its own stock but with clear aspirations of attracting other companies.

Mongolian bonds have bounced back from turbulence this year, and a broader range of issuance is on the way, according to speakers at the Mongolia Investment Forum in Singapore on Thursday, arranged by Capital Markets Mongolia.

Deutsche Bank said it expects to significantly reduce costs over the next three years by using artificial intelligence, as it also set out plans to grow revenues by more than 5% annually, from €32bn this year to €37bn by 2028. That includes significantly higher advisory and underwriting revenues and an increase in trading income.

Top investment banks are becoming more comfortable with their ability to use AI to do the jobs of junior bankers for M&A and debt and equity underwriting, which could mean a decimation of analyst programmes in the coming years with banks like JP Morgan rumoured to be cutting analyst ranks by half or more.

Amazon jumped into the US high-grade bond market on November 17 to raise US$15bn through a six-part offering, joining other tech giants in a rush to finance the buildout of AI infrastructure. 

Ardagh Metal Packaging has cleaned up its capital stack through the issuance of nearly US$1.3bn of green bonds across euros and US dollars, days after majority owner Ardagh Group completed a debt restructuring.

The Japanese government bond yield curve has steepened sharply over the past week in the expectation that prime minister Sanae Takaichi's new government would approve a big economic stimulus package in the upcoming budget.

National Australia Bank returned to the sterling covered market on Monday to raise an Australian record-matching £1.5bn from a five-year floating-rate offering. 

Primary activity in the European RMBS market was limited last week, with only two transactions in open execution as issuance momentum continued to soften heading into year-end. Both deals were atypical in structure and collateral.

ING Bank (Australia) navigated a difficult market backdrop to raise an upsized A$1.75bn (US$1.14bn) from the IDOL 2025-1 Trust funding-only prime RMBS, which had a modest launch size of A$750m.

German residential renewables provider Enpal has returned to the securitisation market with its second ABS, a €303m landmark trade called Golden Ray 2 that brings heat pump financing into the public markets for the first time as the company prepares for a regular issuance programme. 

S&P on Wednesday downgraded to default US$217.18m of asset-backed securities that Tricolor sold in June, just months before the auto lender filed for bankruptcy in September amid allegations that it used the same loans to secure multiple lines of credit. 

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 . 

Three multilateral development banks have launched a Caribbean multi-guarantor debt-for-resilience joint initiative to help the region prepare for disasters and ease debt pressures. 

The United Arab Emirates is expected to play host to Airtel Money’s planned IPO with the mobile payments company on course for a valuation of around US$4bn-equivalent and a deal size of around US$1bn despite lacking links to the Middle East.

Qatar took a major step in the evolution of its capital markets last week after telecoms business Ooredoo priced a QR2.01bn (US$552.1m) follow-on, the first fully marketed offering in the country.

Figure Technology Solutions' management has been busy hawking a new blockchain trading platform that would facilitate on-chain, off-exchange trading of shares, beginning with its own stock but with clear aspirations of attracting other companies.

Kraken is hoping to go public early in 2026 after confidentially filing for a US IPO and privately raising US$800m, bankers involved in the process told IFR.

A wave of consolidation is gathering momentum across the US regional banking sector as lenders chase scale, diversification and stability in a market reshaped by shifting regulation and rising technological demands.

Polish lender CVI Dom Maklerski is nearing final close of the largest Central and Eastern European private credit fund ever raised, an important milestone for a region that has historically been underserved by private credit.

A US$1bn term loan B refinancing aimed at tackling industrial packaging company Mauser Packaging Solutions’ near-term maturities has become the latest casualty of investor unease over the chemical sector.

KKR is providing a US$750m bespoke financing to Indonesian conglomerate Chandra Asri Group to support the latter’s acquisition of Exxon Mobil’s network of Esso-branded retail petrol stations in Singapore.