Bond Outlook January 31st

Is the future of the CHF linked to the JPY’s and possible unwinding of the carry trade? For those expecting curve steeping in Euroland, new CMSs are available.

Interview: Daniel Bouton for NYSE/Euronext

Proponents of the merger between the New York Stock Exchange and Euronext believe it will enhance Paris’s position as a financial centre as the $14 billion deal promises to maintain independence.

For FICC’s sake!

This tongue-in-cheek reaction of one banker on hearing that Société Générale is the latest bank to create a fixed-income, currencies and commodities (FICC) division is understandable.

Real estate: Is the UK already over-Reited?

The UK has been eagerly awaiting the introduction of tax-free real estate investment trusts for years, so when the legislation permitting them finally took effect at the start of 2007 nine of the UK’s largest property companies were ready to make the switch.

Debt market round up: Bright withdraws HBOS claim

Claire Bright, former head of asset and liability management of HBOS Treasury Services, has withdrawn her £11 million ($21.8 million) claim of sex discrimination and wrongful dismissal against the UK bank.

What was that about ceteris paribus?

“Global credit spreads are tight and will likely stay tight as long as our forecast for a global soft landing proves true and global liquidity doesn’t suddenly evaporate.”

ECM league tables

Including: ECM Convertible Bookrunners: Asia, EMEA, US | ECM IPO Bookrunners: Asia Pacific, EMEA, US | ECM Bookrunners: Asia Pacific, EMEA, US and Global

DCM league tables

Including: Bonds - Global (ex Japan) MBS/ABS Bookrunners | HY debt: Asia Pacific, EMEA, US | IG debt: Asia Pacific, EMEA, US | $ DCM Bookrunners | € DCM Bookrunners | International DCM Bookrunners | Loans - EMEA sponsor-driven loans | Global IG loans | Global leveraged loans & highly leveraged loans | Mandated Arranger: Asia, EMEA, US, Global | Non-syndicated MTNs, Private MTNs

Bond Outlook January 10th

Over the last week the market has espoused the view that a decline in the Fed rate is unlikely even after a few months.

Vienna bourse sows the seeds of good neighbourliness

In spite of all the takeover talk among major global exchanges, and the heavy consolidation in eastern Europe’s banking sector, not everyone believes that acquisitions are the only way to expand business in the region.

Kazakhstan: Investment banks mining a rich seam

What’s bad news for the hard-pressed bean counters at financial institutions across Europe trying to curb the exorbitant expenses claims of their equity capital market teams promises to be good news for AirAstana, the leading Kazakh airline that’s one of the candidates for a stock market listing in 2007.