A Joe Biden White House offers an opportunity for international and regional multilateral financial institutions to lobby for extra financing to deliver essential assistance to countries hit by Covid-19, according to experts.
Bumped, which aims to transform everyday spending of consumers into stock ownership, has netted $14.4m in its Series A.
Truebill, which aims to simplify the tracking and management of subscriptions and bills, has closed a $17m Series C round after celebrating the milestone of saving customers a total of $100m.
Laxman Pai, Opalesque Asia: Valuations of privately-held midmarket companies rebounded as the global economy reopened, said a study. According to the Lincoln Middle Market Index tracks more than 2,200 private companies ...Article Link
Laxman Pai, Opalesque Asia: Hedge funds continued to face a difficult market environment in October as for a second consecutive month the majority of funds saw performance declines, said a report by eVestment. According ...Article
Italy held a series of investor calls on Thursday in preparation for its return to the dollar bond market. Italy returned to the currency last year after almost a decade away, and announced that it
Chinese property borrowers are increasingly taking a strategic approach to managing their liabilities by tendering old notes when new bonds are announced. The trend has taken off this year, and is set to be the
Bank of Communications Co raised $2.8bn from a Basel III-compliant additional tier one (AT1) capital bond on Wednesday, introducing a new perpetual bond format for Chinese banks.
A handful of borrowers have been forced to close smaller loans than expected recently amid waning interest from lenders. While bankers insist there is still plenty of liquidity, debut credits and infrequent borrowers are feeling
Société Générale was set to launch a popular additional tier one deal in the dollar market on Thursday, as investors spied an opportunity to gain a little pick-up over other French bank credits.
Renewed concerns over Chinese chipmaker Tsinghua Unigroup Co’s debt repayment abilities led to sharp drops in its onshore and offshore bonds this week. Addison Gong reports.
Gland Pharma has completed India’s largest pharmaceutical IPO, a Rp65bn ($870.6m) deal that sailed through on demand from institutional accounts. But the issuer’s Chinese ties and a wobble in pharma stocks blunted retail investor interest.
Market euphoria following news of Pfizer’s potential Covid vaccine created a perfect window for lead banks Barclays and Jefferies to sell out of a bridge loan for UK fitness chain PureGym, which they had held
The SSA market faced unprecedented challenges in 2020. Funding requirements were inflated by unexpected needs from the pandemic, and the market was busier than ever thanks, in no small part, to the EU’s entrance as
In the wake of a continent-wide recession, a recovery designed and financed largely by Africans is well within reach
New boss Rathi seeks a chief operating officer to help him navigate a changing City of London post-Brexit
The EU Summit on Thursday swiftly produced agreement on the bloc’s multi-annual financial framework, including the €750bn coronavirus recovery fund. Though the news is good, particularly for the European periphery, the move in spreads has
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