Sweden’s biggest mortgage bank has returned to the safest corner of the debt market after a money-laundering scandal drove up funding costs for riskier bonds. Swedbank AB, which is based in Stockholm, on Monday issued euro-denominated covered bonds for a second time this year, offering €1.25bn ($1.4bn)...
Italian leathergoods association Assopellettieri (formerly known as Aimpes) has selected Franco Gabbrielli as its new president. He will serve a four-year term from 2019 to 2022. His appointment will be confirmed at Assopellettieri’s general assembly at the end of June. He replaces Riccardo Braccialini, who during his...
Metro Bank has raised £375mn ($478mn) to repair its balance sheet, giving the British bank breathing space ahead of a potentially fractious annual meeting tomorrow. The nine-year-old challenger bank’s market value fell more than £1.5bn after disclosing in January it had under-reported the risk of its loan...
Despite Eastern European countries being an important export market for Vietnamese goods, the total trade revenue between both sides fell short of the potential, with bilateral trade reaching $10.1 billion in 2018—2.65 per cent of the country’s total export revenue, according to Vietnam’s deputy minister of industry...
Around 2,000 key circular economy stakeholders will participate in the 3rd World Circular Economy Forum (WCEF) to be organised in Helsinki on June 3-5. To be hosted by SITRA, the Finnish Innovation Fund, the forum this year will offer networking opportunities and have a strong emphasis on...