Goldman Sachs Group floated its alternatives business Petershill Partners on Tuesday in a London IPO.
U.K. managers have called on issuers to transition their corporate bond benchmarks away from LIBOR immediately.
Some 65% of U.K. managers have shifted to sterling overnight index average-based instruments ahead of the phaseout of LIBOR next year.
State pension systems need to be supported by supplemental retirement arrangements if Europe's Capital Markets Union is to progress.
Issuers of sterling LIBOR-linked loan products will have an additional six months before they must cease issuance of loans.
The U.K. and China have approved an investment program that provides mutual access to both capital markets through depository receipts.
Xavier Rolet, CEO of the London Stock Exchange Group, is out, the exchange said in a statement Wednesday.
The European Central Bank will provide a new overnight unsecured rate for the eurozone before 2020.
The ruling Conservative Party's unexpected loss in Thursday's general election in the U.K. creates more uncertainty ahead of Brexit negotiations.
London Stock Exchange Group agreed to purchase Citigroup's fixed-income analytics and index businesses for $685 million.