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Gazprom banks on Swiss for first Russia Eurobond in 2016

BLOOMBERG Gazprom PJSC, the natural-gas export monopoly, has hired banks to organise a sale of Swiss-franc debt in what could be the first Eurobond deal out of Russia this year. Europe’s biggest gas supplier picked Deutsche Bank AG, Gazprombank JSC and UBS Group AG as joint lead managers and Renaissance Capital as a co-manager for investor update meetings in Geneva ...

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Deutsche sees 2016 industry-wide trading revenue drop

FRANKFURT / Bloomberg Deutsche Bank AG, which runs Europe’s biggest investment bank, said it expects the industry’s revenue to decline this year as clients consider pulling back from trading some fixed-income securities and refrain from doing deals. Securities firms will see debt trading revenue fall “slightly” from a year earlier as “an increase in macro revenues due to monetary policy ...

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Poor man’s gold may get more investor love

Bloomberg Silver hasn’t been so cheap relative to gold for more than seven years and with mine supplies forecast to contract this year that may be a sign it’s ready to come out of the yellow metal’s shadow. Mine production of silver will probably drop in 2016 for the first time in over a decade and demand is set to ...

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