India’s pension funds are urging the regulator to introduce a new “held-to-maturity (HTM)” debt category, allowing them to hold bonds until maturity and avoid daily mark-to-market price swings, according to sources familiar with the discussions. The request follows a PFRDA proposal to value only long-term bonds on an accrual basis, while continuing mark-to-market valuation for...
As AI-driven optimism pushes global equities to record highs, the infrastructure behind AI — data centres — is increasingly being financed with debt, raising new questions about credit risk and financial stability. According to UBS, AI data-centre and project financing has surged to $125B in 2025, up sharply from $15B in 2024, with credit markets...
Japan’s M&A market is poised to remain strong into 2026, driven by larger deal sizes and innovative private-finance structures, according to David Dubner, COO of Global M&A and Head of M&A Structuring at Goldman Sachs. As Japanese corporates streamline portfolios and pursue growth investments, dealmakers are increasingly tapping private capital — combining equity, debt, and...
AI has pushed global equity markets to record highs — but behind the scenes, the infrastructure powering AI is being financed by an unprecedented surge in debt. A new UBS report shows AI data-centre and project financing deals have skyrocketed to $125B this year, up from just $15B in 2024.Credit markets are bracing for even...
Following reports that SpaceX is preparing an IPO as early as June, excitement across global markets is reaching a fever pitch. The offering could raise $25B+ and value the company at over $1 trillion — potentially climbing to $2 trillion, according to some strategists. “It’s going to be the craziest IPO in the history of...
Italy’s largest insurer Generali and French banking group BPCE have officially scrapped their plan to merge their asset management divisions — a deal that would have created Europe’s largest asset manager by revenue. The companies signed a non-binding agreement in January to combine Generali Investment Holding (GIH) with Natixis Investment Managers, but said on Thursday...