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    Capital markets

    • Friday, 21 June, 2024
      UnhedgedHarriet Clarfelt
      European markets have been on a wild ride Premium content

      And default divergence

      3 hours ago
      A montage of a financial trader
    • Friday, 21 June, 2024
      Commercial property
      Rating agencies give high marks to bonds financing defaulted properties

      Securities backing single commercial buildings are popular with investors but several have failed to live up to top ratings

      1407 Broadway in New York
    • Thursday, 20 June, 2024
      LexHertz Global Holdings Inc
      Private equity swerves to avoid another costly Hertz bankruptcy Premium content

      Fresh cash will buy some breathing room but the costs involved will soak up much of any subsequent value creation

      A Hertz rental car location in Berkeley, California
    • Thursday, 20 June, 2024
      Gilts
      Labour could borrow more without UK bond market backlash, say investors

      Relaxing fiscal rules unlikely to provoke a Liz Truss-style gilts crisis, according to fund managers

      Rachel Reeves montage
    • Thursday, 20 June, 2024
      3i Group PLC
      3i set for €1bn windfall as debt-backed payouts soar

      ‘Dividend recapitalisations’ hit record rate as private equity owners take advantage of easy credit conditions

      The 3i logo
    • Thursday, 20 June, 2024
      Markets InsightJeff Meli
      The ‘equitification’ of credit

      Public and private markets are seeing big changes that provide new options for investors

      Pedestrians pass in front of the New York Stock Exchange during Uber’s initial public offering on Friday, May 10, 2019
    • Wednesday, 19 June, 2024
      Eurozone economy
      ECB urges Eurozone countries to cut high levels of debt

      Central bank warns of fiscal challenges including ageing populations, extra defence spending and climate change

      The ECB’s headquarters in Frankfurt
    • Wednesday, 19 June, 2024
      Moral Money
      What does the family office explosion mean for the world?

      As the ranks of the super-wealthy swell, the way they deploy their money is changing

      Mark Zuckerberg speaking
    • Wednesday, 19 June, 2024
      Green bonds
      Green bond issuance surges as investors hunt for yield

      Sustainable debt raises $273bn in first quarter, in contrast to downturn in ESG stock funds

      Constellation Nine Mile Point Nuclear Station
    • Tuesday, 18 June, 2024
      LexEuropean banks
      Contagion risks scare off investors in French banks Premium content

      The major Eurozone economy has been mired in political turmoil

      French President Emmanuel Macron at the Élysée Palace
    • Monday, 17 June, 2024
      French parliamentary election 2024
      ECB chief economist plays down need to intervene in French bond market

      Philip Lane says sell-off of country’s debt does not meet criteria to invoke central bank’s emergency powers

      ECB chief economist Philip Lane
    • Monday, 17 June, 2024
      War in Ukraine
      Ukraine urges bondholders to accept markdown on more than $20bn of debt

      Investors rejected government proposal this month to reduce bonds’ value by up to 60% ahead of deadline

      Ukraine’s President Volodymyr Zelensky, centre, looks at papers on a table with attendees in the background at the plenary session of the Summit on Peace in Ukraine the Burgenstock resort in Switzerland on Sunday
    • Monday, 17 June, 2024
      News in-depthPrivate credit
      A buyout gone wrong creates fireworks in the private credit market

      Lenders are considering their options at Pluralsight, a distressed company owned by private equity firm Vista Equity Partners

      A worker looks at a computer screen with the Pluralsight logo on it
    • Sunday, 16 June, 2024
      Special ReportBusiness Education: Financial Training
      The growing case to embed climate risk in finance teaching

      Four leading finance professors discuss best practice, successful innovations, and important concepts and themes

      Two colleagues in the office discussing
    • Sunday, 16 June, 2024
      George Bridges
      Campaigning parties should tell the truth about debt servicing

      Nations face a string of challenges requiring government action — this is top of the list

      A data centre server room
    • Sunday, 16 June, 2024
      Chinese economy
      Early repayments shrink China’s mortgage-backed securities market by 65%

      Property owners rush to pay down debts or refinance at lower rates in absence of other investment options

      Aerial view of a residential complex in Nanjing, China
    • Saturday, 15 June, 2024
      Lex PopuliImpact investing
      ESG funds — how to play a diffuse category

      The sector as a whole is under fire, but opportunities remain

      Solar panels in China’s snow-covered Gobi desert
    • Friday, 14 June, 2024
      The Long ViewKatie Martin
      Macron’s curveball unsettles markets

      Snap election creates uncertainty just as some investors increase exposure to European markets

      Emmanuel Macron
    • Friday, 14 June, 2024
      Bank of Japan
      BoJ to ‘significantly’ scale back bond buying in shift on ultra-loose policy

      Yen weakens after Japanese central bank delays releasing details on plans to trim balance sheet

      A pedestrian passes in front of the Bank of Japan headquarters in Tokyo, Japan
    • Friday, 14 June, 2024
      UnhedgedRobert Armstrong
      Dan Davies: ‘finance is a tool of control’ Premium content

      How the market blocks accountability

      A montage of dollar bills in a person’s hand
    • Friday, 14 June, 2024
      Markets InsightShamaila Khan
      Rising number of bright spots in emerging markets

      Macroeconomic policies in many countries have undergone significant improvements

      Argentina President Javier Milei
    • Friday, 14 June, 2024
      Exchange traded funds
      AXS files to launch weekly, monthly and quarterly leveraged ETFs

      The funds would offer a solution for investors who risk losing out if they hold existing leveraged funds for more than a day

      Close-up of a line chart
    • Friday, 14 June, 2024
      Corporate bonds
      Chinese companies rush to tap US convertible bond market

      Issuers encouraged by ready pool of specialist hedge fund buyers for hybrid debt

      Alibaba logo on a screen at NYSE
    • Thursday, 13 June, 2024
      Sovereign debt
      How to speed up sovereign debt restructuring

      Scrap creditor sequencing and let them talk

    • Thursday, 13 June, 2024
      Pharmaceuticals sector
      ‘One of the worst own goals that I’ve ever seen in public markets’

      Avid Bioservices made a blunder

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