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1 day ago | 
globalcapital.com | Jon Hay |Sarah E. Ainsworth |Addison Gong |Atanas Dinov
The bland outpourings of ChatGPT could not be further from the penetrating, critical advice big companies, governments and investors want from investment banks. But could one foster the other? That is the ideal banks are striving for with a plethora of projects to use artificial intelligence — not for the hard stuff, they say, but for the easy stuff. Automating tiresome work like compiling presentations could free up time — especially for junior bankers.
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4 days ago | 
globalcapital.com | Jon Hay
As a premium subscriber, you can gift this article for free Copy gift link https://www.demo.com/demo-article/ Link copied to clipboard You have reached the limit for gifting for this month There was an error processing the request. Please try again later. You have 10 article gifts to share each month
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1 week ago | 
globalcapital.com | Jon Hay |Mike Turner |Addison Gong |George Smith
Interest rates coming down was supposed to be a sure bet. Now it’s not. Long government bond yields are rising, and not just in the US. Investors are worried — the term premium is climbing, which means it’s not enough now. It’s safest to stay away from duration. We try to diagnose this queasy market for high quality bonds. Are there any silver linings? MLex, a regulatory news service, has leaked two crucial draft proposals from the European Commission for how it will reform rules on securitization.
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1 week ago | 
globalcapital.com | Jon Hay
As a premium subscriber, you can gift this article for free Copy gift link https://www.demo.com/demo-article/ Link copied to clipboard You have reached the limit for gifting for this month There was an error processing the request. Please try again later. You have 10 article gifts to share each month
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2 weeks ago | 
globalcapital.com | Ralph Sinclair |Jon Hay |Sarah E. Ainsworth |Atanas Dinov
A blip in Bloomberg's terminal services this week delayed bookbuilding on a number of syndications and bond auctions. It passed with seemingly little harm done. But it did reveal how dependent bond issuance and fixed income has become on the company's platform. We asked what would be at stake if there was a longer outage and what can be done to prevent major disruption. Meanwhile, rising US Treasury yields mean SSA bonds are trading at ever smaller spreads over them.
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2 weeks ago | 
globalcapital.com | Francesca Young |Jon Hay
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3 weeks ago | 
globalcapital.com | Ralph Sinclair |Jon Hay |George Collard |Atanas Dinov
GlobalCapital was on the ground at the European Bank for Reconstruction and Development's Annual Meetings in London this week. We reveal what was discussed and decided, from the bank's capital situation and US involvement, to its support for Ukraine and beyond. Meanwhile, Romania goes to the polls this weekend. Whoever wins the presidential election faces the challenge of bringing down a big deficit. As one of the emerging markets' biggest bond issuers, that may have repercussions for its credit.
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3 weeks ago | 
globalcapital.com | Jon Hay
As a premium subscriber, you can gift this article for free Copy gift link https://www.demo.com/demo-article/ Link copied to clipboard You have reached the limit for gifting for this month There was an error processing the request. Please try again later. You have 10 article gifts to share each month
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3 weeks ago | 
globalcapital.com | Jon Hay
As a premium subscriber, you can gift this article for free Copy gift link https://www.demo.com/demo-article/ Link copied to clipboard You have reached the limit for gifting for this month There was an error processing the request. Please try again later. You have 10 article gifts to share each month
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4 weeks ago | 
globalcapital.com | Ralph Sinclair |Jon Hay |Frank Jackman |Mike Turner
We surveilled the SSA bond market this week and the development finance world to see what both made of US decisions about financial support for a number of international development funders. The result was relief but it was not unqualified, as we ponder what this may mean for US president Donald Trump's review into the country's involvement in international financial institutions. Meanwhile, banks are facing a stark choice about whether to raise covered bond funding or to do unsecured deals.
