Dutch development bank FMO printed its first ever green bond in the first quarter, with the deal helping promote the nascent offshore US dollar green market.
Telecoms company Vodafone stunned the markets in the first quarter with what looked to be the ultimate prize in corporate finance – a deal that at first glance seems to let the company raise significant debt without diminishing any of its existing credit or equity metrics. But while investors poured money into the deal, the ratings agencies kicked back.
Banks are used to cutthroat competition, but now some of the world’s biggest and most well-known brands are looking to stake their claim on ground long held by traditional lenders. EMEA Finance spoke with Mike Cook, senior manager at US information technology services company Cognizant, about rising competition between banks and fintech.