Owning a sports team was once a guaranteed way either to lose money or to make a little by spending a lot. Today, the world’s wealthiest people are snapping up elite franchises, backed by an army of wealth managers, data experts and investment bankers. Ivo Voynov, global head of sports finance at Citi Private Bank, explains what turbocharged sports finance, and why it is such an important and profitable business for global private banks.

With the election of Donald Trump as the next US president, the future of financial regulation and its impact on the country's equity markets has become a key focus for industry participants. After years of SEC-driven regulatory crackdowns, the new administration could now turn the tide – which many believe may supercharge the US equities market.  

From wealth management products to enterprise financing solutions, China’s Greater Bay Area offers myriad opportunities. As regulators continue to inch open the door to cross-border transactions, it falls to bankers to champion the liberalisation of data, capital and talent flows – and capitalise on the cross-border region’s undoubted promise.

The success of e-CNY, despite its retail characteristics, could be attributed to a strong government push, effective collaboration with banks and e-platforms, and, most importantly, a win-win mentality that inspired the two-tier channel design.

Capital markets are crucial in helping firms to navigate the turbulent geopolitical climate, acting as both a catalyst for growth and a long-term stabiliser to effectively handle challenges such as currency risk, interest-rate fluctuations and the increasing cost of capital. In the first of our Euromoney Market Voices series, the CEO of Lloyds Bank Corporate Markets explains how markets are adapting to the challenges of the new normal – and how banks and corporates can take advantage.

While some banks are embracing DLT and digital assets, those who have not yet defined their strategy risk being left behind. In the first of our new Digital Assets Deepdive series, the head of issuer services and new digital markets at Deutsche Börse argues the importance of updating market infrastructure to accommodate these rapidly evolving developments.

Cost-conscious FX clients appear to be going to great lengths to avoid upfront payments for volatility protection, despite the lack of clarity around Fed monetary policy and the potential impact of political and geopolitical factors over the remainder of the year.

In a deal that has reshaped Hong Kong’s IPO landscape, China’s home-appliance giant Midea successfully raised $4.6 billion in September, marking the city’s largest offering in years. From showcasing Midea’s transformative B2B growth to navigating the complexities of the listing process, Euromoney explores the key factors that led to the company's triumphant debut – and its implications for the future of Hong Kong's IPO market.

Equity deals jump year-on-year, despite Q3 slowdown.

Four months on from North America’s move to a shorter settlement cycle, market participants have used a combination of liquidity management, technology pivots and human resources to mitigate their exposure to higher FX costs.

With Swiggy and Hyundai Motor India filing for big-ticket IPOs, India’s primary capital markets are on a tear. This could be the best year for listings in its history. Can it continue? A useful parallel for global investors can be drawn with China 20 years ago, when the Asian superpower’s markets suddenly sparked into life.

Direct lending may have benefitted from the resurgence in US private equity buy outs in the first half of the year, but there may still be a return to syndicated markets.

Bullish US companies are looking beyond historically high interest rates and tight lending standards when it comes to commercial lending.

A small three-month deal from one of the bond market’s most frequent issuers shows the potential for on-chain delivery versus payment in central bank money. But the obstacles to widespread use of blockchains remain.

New institutional investors are providing liquidity to longstanding Revolut employees and giving a valuation proof point to its stunning revenue and profit growth.

New transition bond includes step-down, as new ‘green infrastructure’ bond issued.

For years, India’s capital markets underwhelmed. Now, the country is the beating heart of IPO activity in Asia, with a raft of big-ticket stock listings expected in late 2024 and 2025. Fees are up, PE firms cannot buy assets fast enough, and global firms want to raise capital onshore.

Unable to sell companies or raise new funds, desperate private equity managers are funding distributions from debt at the portfolio level. That structurally subordinates limited partners. They don’t like it – and neither do regulators.