Ares Management has appointed EG Morse, Goldman Sach's former co-head of China, as partner and head of Asia credit. 

Dutch bank ING Group said it has scrapped the sale of its Russian business to Global Development JSC because there was "no realistic expectation" that the deal agreed 14 months ago would go ahead.

BNP Paribas has appointed a new head of its Gulf debt capital markets business.

US president Donald Trump loves a weekend social media post, repeatedly divulging market-moving information on these supposed days of rest ever since ordering US forces to start bombing Iran on February 28, the last Saturday of the month.

The pace of issuance in the European financials market remained steady on day two of the ceasefire in the Middle East, although concerns regarding its fragility kept a lid on supply, as did earnings blackouts.

SSAs have priced the biggest benchmarks seen over the last month out of a buyer base still cautious about the conflict in the Middle East, even with the two-week partial ceasefire announced by US president Donald Trump.

The Emirate of Abu Dhabi has added to the recent flurry of privately placed deals from the Middle East and North Africa.

The bid for risk is on. Although only two corporates tested demand for new issues in the euro corporate market following the two-week ceasefire agreement between the US, Israel and Iran, both priced tight to fair value. 

European securitisation markets are showing early signs of a post-Easter revival, with a debut transaction from Advanzia Bank set to reopen primary markets, market participants said. 

The European Banking Authority said in a Q&A posted on its website that a credit rating can only be used to calculate regulatory risk weights if it is publicly disclosed, clarifying an issue debated by market practitioners. 

ClearLight is preparing its first solar securitization in what has been a slow start to the year in this corner of the ABS market. 

KKR is hitting the commercial mortgage-backed security market to refinance an office tower in San Francisco that was once the headquarters for Dropbox, which has vacated the premises and been replaced by a roster of other corporate tenants.

Eurofima made good use of a relief rally following the announcement of a two-week ceasefire between the US, Israel and Iran.

ClimateWise, an insurance grouping on climate and nature-related risks that is approaching 20 years of operation, has named Ian Branagan of RenaissanceRe and Tokio Marine Kiln’s Vivek Syal as co-chairs.

French private debt and equity firm Eurazeo's Planetary Boundaries fund has secured more than half of its €750m target, which it intends to keep in place as fundraising continues. 

Germany's KfW, one of the world's largest green bond issuers, printed €14bn of green bonds in 2025 and expanded its range of issuing currencies. 

Aevex joined the rush of aerospace and defense companies going public with the launch early Thursday of its US$336m NYSE IPO. 

Major shareholder Hanwha will hold 93% of the shares of Norwegian building materials business REC Silicon following completion of a NKr976.2m (US$102.6m) rights issue that elicited little interest from other investors.

SK Hynix has hired Bank of America, Citigroup, Goldman Sachs and JP Morgan to arrange an ADR listing, a person familiar with the matter said.

SpaceX expects to begin marketing its blockbuster IPO on June 8, the company outlined in a meeting with banks involved in the offering, one banker familiar with the process told IFR.

Swiss chemicals company Archroma has taken a creative approach to its latest refinancing effort with a high-yielding second-lien dollar loan, a move designed to delever its senior stack and convince sceptical lenders to extend the company’s 2027 maturity by three years.

Paramount Skydance signed US$10bn of loans to back its US$110bn acquisition of Warner Bros Discovery. The move establishes more permanent loan support than the US$57.5bn of debt the company secured in December, and has resulted in the bridge loan’s size being cut to US$49bn from its original US$54bn. 

Syndicated lending in EMEA totalled US$309bn in the first quarter of 2026, 19% lower than in the first three months of 2025, according to LPC data, but the loan market remained resilient in the face of persistent geopolitical and economic headwinds.

Against the backdrop of volatility, induced by the war in the Middle East, the emergence of AI as a buzzword and its uncertain, potential impact across various industry sectors, as well as simmering headlines around private credit portfolios, US lenders ushered nearly US$779bn through the broadly syndicated loan market in the first quarter, a 6% decline compared to the first three months of 2025.   

Citigroup chief executive Jane Fraser manages a team of rivals who might aspire to her job. Competition is healthy but appointing a new president as a deputy could help Fraser deliver the next phase of her growth plan.

It is unusual for a listed company to buy income-bearing securities of a peer as a treasury decision. In orthodox corporate finance, surplus capital is meant to do one of three things: fund projects that clear the hurdle rate, preserve liquidity, or be returned to shareholders. It is not normally redeployed into another company exposed to much the same trade, especially at a lower yield than the investing company pays on its own stock.

Private credit mishaps are coming at us with such speed and intensity that many of the stories are blurring into one. But rather than the private credit crisis dragging banks down, it might give them an opportunity to play offensively in this space.

The easiest way to hide a credit loss is not to deny it. It is to say it has not yet arrived. That was one of the quiet accounting failures exposed by the global financial crisis: losses were often recognised too late, only after the damage was obvious. IFRS 9 was supposed to fix that by forcing lenders to book expected credit losses earlier, using forward-looking judgment rather than waiting for the wreckage.