The GlobalCapital Podcast
A weekly podcast from GlobalCapital, the capital markets news service based in London and New York, discussing its most interesting stories from around the world.
Every Friday, listen to lively discussion about the very latest themes, the most innovative and important bond and equity issues and syndicated loans and much more from the capital markets.
This podcast is for anyone working in - or who wants to work in - the capital markets from investment bankers, to funding and treasury officials, investors, lawyers, analysts, NGOs and lobbyists, regulators and policy makers, and analysts.
GlobalCapital has been the "voice of the markets" for over 35 years, covering bond, loan, equity and securitisation markets around the world.
We cover everything from public sector bond issuers, financial institutions, emerging markets and investment grade corporate bonds and loans to securitisation (including CLOs and ABS), regulation and market news as well as industry gossip.
GlobalCapital is written for capital markets professionals but the podcast is of value to anyone with an interest in the industry, whether you have been working in it for as long as we have, or are looking to make your first career move into it.
This podcast is a commute-sized slice of everything that's most interesting from the world's capital markets with the aim of helping you sound smarter in your morning meeting, or making you stand out from the crowd of other hopefuls when kick-starting your career.
And don't forget, you can #AskGC anything you like and we will select the best questions to answer on the show.
Contact us at podcast@globalcapital.com
The GlobalCapital Podcast
ECB baffles bank bond market by mulling AT1 abolition
◆ Simplification plans boggle bank boffins
◆ Hungry, hungry hyperscalers to push utilities into bond market
◆ A loan in the sand: private credit jostles for place in Middle East debt markets
On last week's episode we discussed how the ECB was preparing to recommend simplifications to the way EU banks are regulated, in order to make them more competitive and to drive growth. This week it made its recommendations but they seem far from simple and contain suggestions to abolish the most subordinated layer of bank capital altogether — additional tier one.
We delve into what the ECB said, experts' reactions to the news and discuss what changes will follow.
The demand for data centres and their thirst for energy is likely to lead to another bumper year for Europe's corporate bond market. But it won't just be the big US tech companies bringing deals. Utility companies are also expected to raise cash for capex as they power up their grids to feed the big data beasts.
Finally, with private credit seemingly spreading its tentacles into so many debt markets, we take a look at how it is gaining a foothold in the Middle East, where the need to raise capital is ballooning, and assess the threat it poses to public markets.
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