The company is expanding its UK-tested platform through an agreement with Euronext to bring the retail bid into follow-on offers from listed SMEs across Europe.

The deadline looms for SEC-regulated investors to report on the liquidity of individual bond positions, but the more pressing question is the accuracy of fund valuations.

Additional tier-1 (AT1) securities and contingent convertible capital instruments, known as CoCo bonds, absorb losses when the capital of the issuing financial institution falls below a supervisor-determined level. Here we explain everything you need to know about these hybrid securities, a key plank in bank-resolution plans, and implications for issuers and investors.

European banks are investing in and using the tools of an AI startup applying deep learning to syndicated loans, asset management and, soon to come, primary bond markets.

European capital markets bankers’ fortunes in 2019 will turn on how quickly the withdrawal of the central bank bid can be offset by the return of a real market.

The application of fintech to wholesale banking is, to date, less clear than in retail financial services, where peer-to-peer lenders, start-up remittance companies, crowdfunders and robo-advisers are quickly picking up market share from the incumbents. It is more likely that fintech startups will collaborate with and sell to the incumbents in capital markets than disintermediate them. But they will still transform those markets and the business leaders.

New African Capital Partners’ (NACP) first investment target is a large, regional banking group, co-founder Charles Kie tells Euromoney in his first interview since the launch.

Scandals, unexpected delays and arcane regulations are just some of the reasons why the country’s IPO market proved a big disappointment in 2018 – now the top financial regulator wants to bring in new rules to lift the market.

Funding Circle demonstrates the pitfalls of IPO-ing a marketplace lender.