HSBC Continental Europe announced it may stabilise the market price of bonds issued by EDP Servicios Financieros España, S.A.U. The bonds have a fixed rate and mature on March 1, 2033, with an over-allotment facility of up to 5%. Stabilisation actions, if taken, will occur between May 21 and June 28, 2026, to support the bond price. This is a routine market practice to help maintain price stability during the bond offering period.
HSBC Continental Europe announced it will act as Stabilisation Coordinator for Assicurazioni Generali S.p.A.'s new fixed rate 11-year Tier 2 bond due June 3, 2037. The stabilization period is expected to run from May 26 to July 3, 2026, with a 5% ove...
Many of Europe's largest banks increased their loan loss provisions in the first quarter due to uncertainties related to the war in the Middle East. Although the direct financial impact of the conflict on these banks has been limited so far, lenders ...
