Group 1 - The Hong Kong Monetary Authority (HKMA) intervened in the market by purchasing HKD 20.018 billion due to the Hong Kong dollar reaching the weak side of the peg [1] - This action reflects the HKMA's commitment to maintaining the currency peg between the Hong Kong dollar and the US dollar [1] - The intervention indicates potential pressure on the Hong Kong dollar, suggesting that market conditions may be influencing currency stability [1]

Stay on top of the global banking industry with emerging trends, winners and losers, and market opportunities. Sign up for our new weekly newsletter: https://t.co/1Wqnsrh3z9Read the latest edition: https://t.co/4BUfgs8IMK https://t.co/oofyxnQrSV ...

Citigroup hires veteran investment banker Akira Kiyota from Nomura, the latest sign of competition for talent among global financial firms as they seek to benefit from Japan’s dealmaking boom https://t.co/jaSA8hLJiL ...

Group 1 - The announcement indicates that no stabilisation was carried out for the securities offered by Dolcetto Holdco S.P.A, as per the Market Abuse Regulation [2] - The aggregate nominal amount of the securities includes €590 million in fixed-rate notes and €400 million in floating-rate notes [3] - The offer price for the securities is set at 100 [3] Group 2 - The stabilisation managers involved in the offering include BNP Paribas, Barclays, Deutsche Bank, Intesa, Mizuho, CACIB, and KKR [4] - The announcement clarifies that the securities are not being offered for sale in the United States and have not been registered under the U.S. Securities Act of 1933 [5]

Group 1 - AI Prime & Cy S.C.A., an Advent International company, has announced the pricing of an accelerated placing of 17.5 million ordinary shares in InPost S.A., representing approximately 3.5% of the company's existing share capital, at a price of EUR 13.25 per share [2][3] - Following the settlement of the placing, Advent International's total ownership interest in InPost S.A. will increase to approximately 6.5%, with settlement expected on July 3, 2025 [3] - The company will not receive any proceeds from this placing [4] Group 2 - Barclays Bank PLC acted as the Sole Global Co-ordinator and Bookrunner for the placing [3] - The remaining shares held by AI Prime will be subject to a 60-day lock-up period from the settlement date, with customary exemptions [3]

Core Insights - CBHH focuses on sourcing and executing infrastructure financing and M&A opportunities across the UK and continental Europe, particularly in next-generation infrastructure businesses [1][2] - The firm operates in the "core+ or value-add infrastructure" space, which includes sectors like data centers, EV charging, energy generation, and smart city technologies [1][2] Core+ Infrastructure - CBHH targets "next-generation infrastructure" assets that are too small for large-cap investors but too capital-intensive for early-stage funds, emphasizing their importance in driving mission-critical infrastructure [2] Operational Insights - Companies in this sector are described as capital-hungry and operationally intense, but understanding unit economics allows for effective growth underwriting [3] Market Dynamics - The merger with Herbst Hilgenfeldt Partners enhances CBHH's coverage in two active European infrastructure markets, aligning with public priorities of decarbonization and digital infrastructure [4] Advisory Approach - CBHH maintains strong relationships with clients, advising them from early institutional rounds to large-scale exits, and has co-invested in past clients, blending traditional banking principles with modern M&A execution [5][6] Competitive Positioning - Despite being a boutique firm, CBHH competes effectively with global investment banks due to the senior team's banking heritage, deep sector knowledge, and agility in complex transactions [6] Institutional Knowledge - CBHH utilizes Navatar's CRM platform to enhance firmwide institutional knowledge, allowing for better relationship management and deal execution [7][8][9] Team Background - The firm is composed of former bankers from major institutions like Goldman Sachs and UBS, bringing a distinct discipline and empathy to client relationships [10][11]

市场洞察 - 重点报道 --- Market Insights - Marquee Market Insights | Markets | Equities 市场洞察 | 市场 | 股票 Eq Positioning and Key Levels 股票头⼨及关键⽔平 Please see below for a consolidated recap of the various GS positioning metrics. 请⻅下⽅⾼盛各类仓位指标的综合回顾。 Summary: 摘要： -9.2bn last week. In the US, we have this cohort long 22bn. Estimates over the next week are mostly for sale in the US, but flip to buy over the next month in up and flat scenarios. 1. CTA Corner: We model CTAs long $67bn of global equities (61st percentile) after ...

市场洞察 - 重点报道 --- Market Insights - Marquee Market Insights | Markets | Equities View from Our Desk: NDX short-dated topside is too low to SPX. We like owning upside there as the spread to SPX in implied terms is trading at close to 5 year lows. Trade idea: QQQ 11Jul 103% Call at 12.9v (~13bps) 我们的观点：纳斯达克 100 指数短期看涨期权的顶价相较标普 500 指数 过低。我们看好该处的上涨机会，因为其隐含波动率与标普 500 的价差 接近五年低点。交易建议：买⼊ QQQ 7 ⽉ 11 ⽇到期，⾏权价为 103% 的 看涨期权，隐含波动率为 12.9 （约 13 个基点）。 1/22 市场洞察 - 重点报道 --- Market Insights - Marquee 市场洞察 | 市场 | 股票 GS Flow of F ...

Global Economic Briefing M Global Idea Global Tariffs: Timelines to Consider June 30, 2025 04:00 AM GMT With a series of tariff deadlines approaching, this note reviews historical experiences of trade negotiations to help set expectations and identify what we will be focusing on in the outcomes. We also consider how the negotiations affect the transmission of tariffs to economic data. Key Takeaways The timing of tariff impact on the economy will be affected by the actual application of tariffs as well as th ...

Key takeaways from our recent client conversations around the world. June 30, 2025 04:01 AM GMT Global Economic Briefing | North America M Idea The Weekly Worldview: The Hardest Questions: From Beijing to Berlin M A good friend of mine likes to say that the main reason that he forecasts is to find out why he was wrong. Our view of a meaningful deceleration in the US and the global economy from tariffs and other policies has yet to play out. We find ourselves waiting. So, while we wait, we take stock of the ...