Mediobanca’s capture by Banca Monte dei Paschi di Siena in a hostile takeover last year might have marked a symbolic end to Italy’s age of corporate skulduggery. In fact, it merely meant Mediobanca had ceded its leading role. Waves of astonishment pulsed ... See more
The central group of bond issuers in the Middle East are the banks. They are well capitalised, with clean balance sheets and often high credit ratings. But none has come to the market since the war began at the end of February. With fighting raging and a ... See more
Two of English football’s most famous clubs are competing to be the first to issue a catastrophe bond. West Ham United and Tottenham Hotspur are both working on bonds that would compensate them if they were relegated from the Premier League, sources have ... See more
Clashing lawsuits over sexual harassment allegations at Citigroup this week have jolted the bank’s reputation, but they should prompt soul searching across the investment banking industry. Julia Carreon, a senior executive in Citi’s wealth management divi... See more
For months, capital market participants have scratched their heads and mused about what could possibly derail such great conditions. Never mind the AI-supercharged US stock market — the Euro Stoxx 50 entered record territory a year ago, while the S&P ... See more
