The legacy of the December Federal Open Market Committee (FOMC) meeting promises to have lasting effects well into the new year. Once again, there were no surprises on the outcome for the US Federal Reserve (Fed) funds target following this convocation.

Euronext today welcomed Baikowski®, a leading industrial manufacturer of specialty inorganics, to listing on its Euronext Growth market in Paris.

On Tuesday 27 November 2018, the African Development Bank rated Aaa/AAA/AAA by Moody's/S&P/Fitch (all stable) successfully priced a dual-tranche US$ 500 million 3-year and US$ 100 million 2-year SOFR-linked Green bond, becoming the first issuer to bring to the market a SOFR-linked Green Bond transaction.

Nomura announced that it has hired Florian Bita as the Head of CLO Origination and Syndication for the Americas. Mr. Bita will be based in New York.

MSCI ESG Research downgraded Nissan from 'B' to 'CCC' on September 10, 2018, the lowest industry-relative rating on the scale of 'CCC' to 'AAA'. The downgrade was primarily attributed to systemic failures in governing its corporate behavior.