Bankers used to say that countries can’t go bust. They repeated that comforting slogan until a wave of Latin American nations defaulted in the 1980s. Might a similar shock soon puncture the rich world’s hubris?
Bankers managing the initial public offering of Firmus Grid are considering a potential cut in the listing price because of weak demand from foreign investors, the Australian Financial Review reported, citing people familiar with the matter
Bankers heading to Turkey for next month’s COP31 climate summit face difficult talks not just over how to mobilize capital, but also over how to scale projects in ways that appeal to a larger group of investors.
Bankers are pushing back against the Saudi regulator’s proposed overhaul of listing rules, including plans that would force underwriters to buy any unsold shares, and warned that the moves could further dampen the market for IPOs
Bankers in Hong Kong skipped the summer break as an artificial intelligence-fueled rush for capital sent share sales to a record, defying a bruising selloff in the city’s stocks
Bankers looking to sell £3.6 billion ($4.8 billion) of debt backing the take-private of DCC Energy Plc are expected to target high-yield bond investors and infrastructure loan buyers.