Banco de Crédito e Inversiones (BCI) impressed with its second Additional Tier 1 transaction on Thursday, as the $500m deal attracted a $1.45bn final order book and strengthened the Chilean AT1 track record in the ...
BCI Chilean AT1 welcomed
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“The example of the 1997 dissolution — the only true dissolution — should prevent future presidents from using this weapon carelessly.” ...
A ‘dire situation’? RN potential in focus
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Financial institutions investor roundtable with the EBA: macro & structural drivers for 2024 issuance. ...
2024 Outlook Roundtable: Everything Can Happen
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A slew of downgrades could result from the latest EC proposals to reform the EU resolution framework, while smaller and medium-sized banks could approach the capital markets for MREL issuance. However, with national ...
CMDI proposals could prompt downgrades, MREL supply, but tough discussions ahead
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The Italian covered bond market is set to reopen in June after almost a year’s hiatus, with the first new OBGs eagerly awaited since the Bank of Italy finalised its framework in March. On 17 May, Crédit Agricole CIB ...
OBGs: Back in business
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Axa issued the first euro subordinated FIG transaction in four weeks today (Tuesday), a €1bn 20.25 year non-call 10.25 Tier 2 that attracted some €4.6bn of demand and landed at a new issue premium of just 10bp, ...
Axa €1bn Tier 2 restarts sub debt, after insurance outperforms
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With the new year approaching, Crédit Agricole CIB invited investors to a roundtable in Paris on 1 December to discuss how 2022 played out and what they expect for the primary FIG market in 2023. What monetary policies can ...
Normalisation of monetary policies: How will the primary FIG bond market be impacted in 2023?
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IFRS 17 and a revised S&P model are among challenges the insurance sector will have to tackle this year, even if they have weathered the Covid-19 pandemic well. ESG is meanwhile rising up the agenda, and the interest ...
Insurance outlook 2022: industry ‘well placed’ to face regulatory, rating challenges
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Main Street and Wall Street may have reconnected at a bullish juncture lately, but amid supply chain struggles, a spike in inflation has fuelled rates volatility and the latest from Fed chair Powell is that tapering may be ...
2022: Positives eyed despite inflation, Covid risks
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