Joseph Stiglitz and his mission to save the ‘flawed’ euro

Economic woes test banks' balance sheets and strategies

Moves and hires at Currencies Direct, BlackFin Capital Partners and Standard Chartered

Issuers surge market ahead of Saudi Arabia’s arrival

Bank merger set to create banking behemoth

Johannesburg Stock Exchange is on the charge

Power developer Joule Africa and equity investor AIIM have joined to move into some of Africa’s underdeveloped markets. 

Turkish online takeaway company Yemeksepeti has been picked up by market leader Delivery Hero in the sector’s largest deal yet. 

London Resort Company Holdings, a subsidiary of Kuwaiti European Holdings Company (KEHC), mandated private bank Kleinwort Benson to oversee £3.2bn-worth of equity and debt fundraising to go towards the construction of London Paramount Entertainment Resort (PER), a “flagship world class entertainment resort project”.

Islamic finance has caught the interest of a number of African sovereigns in recent years. But on a local currency level, it has actually been around a while. Standard Bank’s global head of debt primary markets Megan McDonald, shares her insights with EMEA Finance.

Like so many hyped events, the first day of liberalised trading on the Tadawul, Saudi Arabia’s Stock Exchange, was a little bit underwhelming. Many commentators expected foreign investors to be queuing up at the door, waiting for entry into a room full of blue chip shares from previously inaccessible multi-billion-dollar market-cap companies.

Turkey has seen a re-balancing of its political landscape. The economic consequences are more difficult to ascertain. Analysts at BNP Paribas Investment Partners, the asset management arm of the French bank, believe there is likely to be short-term volatility but the long term implications of these results are quite positive.