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.

The High Court of Singapore has cleared the way for a US$2.7bn lawsuit against Standard Chartered Bank (Singapore) to proceed with regard to allegations that the UK bank was involved in the 1Malaysia Development Berhad scandal. 

Banks’ stock-trading divisions are on track for a record revenue haul in 2025, as gains in derivatives trading and hedge fund financing activities look set to propel equities results higher for a second straight year.

The UK Debt Management Office's funding needs rose less than expected in the new remit that followed Chancellor of the Exchequer Rachel Reeves' budget, in which she vied to assuage bond buyers, woo voters and appease her fellow Labour MPs.

Credit Agricole joined the rush of European banks derisking their 2026 funding programmes with late-year prefunding on Wednesday with a €1.25bn long five-year non-call four social senior non-preferred, which also benefitted from limited competition on the day of the UK budget. 

Bharti Telecom is seeking bids on Friday to raise up to Rs85bn (US$953m) from two-tranche short-tenor bonds, according to market sources.

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.

Thailand's state-owned Dhanarak Asset Development Company made its long-awaited return to the market this month to refinance its Bt10.6999bn (US$329.7m) commercial mortgage-backed securities maturing this year, ending a nearly two decade hiatus since its last issue in 2007.

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.

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 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.

Jingdong Industrials, a unit of Chinese e-commerce giant JD.com, has started premarketing a Hong Kong IPO of around US$500m for a December listing, said people with knowledge of the matter.

Aluminum packaging company Ball Corp has entered into US$3.5bn of secured five-year loans. 

Carlyle AlpInvest and Investec’s alternative investment arm have partnered to launch a European private credit fund with approximately €400m of investable capital.

Utility company Tampa Electric has signed a US$1.2bn five-year revolving credit facility. 

The power transmission and distribution unit of Adani Group is in talks to raise at least US$1bn in debt to fund an offshore bond refinancing and greenfield development.