the City

Something smells rotten in the City

Something Is Rotten In The City

Manuel Moreno Capa | As soon as Boris Johnson swept to victory in the UK general election of last December 12, he made two decisions that have not been welcomed by the City of London: the first, to reduce the transitional period of Brexit to one year (how naive he is if he thinks his tough stance will soften the positions already taken by Brussels); the second, to appoint a new Governor of the Bank of England not much liked by the markets.


The UK: The City wants to take more risk

The UK: The City Wants To Take More Risk

The European leveraged financial markets have an increasing attraction for investors seeking more risk. According to data from Moody’s, the new volumes of issuance of European Collateralized Loan Obligations (CLOs), one of the main sources of demand for leveraged loans, stand at 6.4 billion euros in the year to date. At this rate, it will exceed the annual figure for 2017 of 18.8 billion euros, which was the highest in the last 10 years.


Something smells rotten in the City

What Brexit Doesn’t Kill Off Is Fodder For The City

The City’s conclusion is that, in relation to their size, the US private equity firms could dedicate more time and deploy more capital in Europe, to the benefit of everyone. But these firms still have doubts about the future of the Eurozone after Brexit. Other non-US and non-European actors are grabbing those opportunities reticent US investors are letting pass by.






London-Madrid …Valencia?

LONDON | Spanish president Mariano Rajoy stepped on to Downing Street but talked instead to the City of London. It will not be the last…