The coronavirus pandemic sparked an unprecedented monetary response from major central banks, and credit market participants think that this could lead to a bumper year for emerging market bond issuance in 2021.
The Romanian sovereign has hit international bond markets three times this year to raise more than €12bn-equivalent, and there has been renewed M&A interest from international companies looking at the country’s corporate sector. However, analysts are still warning that it will take until at least 2022 for GDP to return to pre coronavirus pandemic levels.
The UK is set to sever its existing ties with the European Union at the end of this year, and with no deal finalised, financial markets are still scrabbling to try and work out what the fallout might be.
The industry offers good working conditions for employees, but struggles with cultural diversity, according to the 2020 D&I Index.
The payments industry veteran will spearhead the company’s European growth, at a time of fast-evolving customer expectations.
With employees working from home, banks and other financial institutions have become more vulnerable to cyber attacks. So what can they do to mitigate the risks associated with the ‘new normal’?
UK fintech TransferWise rocketed to a US$5bn valuation this summer when it completed a second share sale, as the Covid-19 crisis puts the spotlight on the ability to send currency quickly and easily across borders.
The seventy-one countries who hold shares in the development bank that promotes private enterprise first in Central and Eastern Europe, and now much further abroad will choose the new president at their delayed annual meeting in October.
The European Commission is ramping up towards a €750bn Covid-19 recovery programme, effectively creating a huge new borrower in Europe’s sovereign, supranational and agency bond market.