The European Union reached a provisional agreement to overhaul rules governing the bloc’s securitization markets, a deal that would unleash billions of euros to finance initiatives in key areas such as defense and climate resilience.

Intesa Sanpaolo SpA is working on significant risk transfers to hedge more than €5 billion ($6 billion) in assets, signaling continued demand for the higher-risk instruments despite concerns in markets about debt and geopolitical tensions.

The European Union is considering strengthening the rules around a riskier form of insurance provided to the banking sector, as part of an upcoming package to broadly ease access to securitized finance.

UniCredit SpA is working on a potential deal to hedge €1 billion ($1.1 billion) in German home loans as it prepares to expand its footprint in Europe’s biggest economy.

Credit Agricole SA is considering offloading credit risk linked to lending to European car dealerships grappling with cost pressures and the transition to electric vehicles.

Investors have written down two risk transfer deals with Bank of Ireland Group Plc as the underlying loans deteriorate, a warning of the potential pitfalls involved in the increasingly popular trades.

Deutsche Bank AG is working on a significant risk transfer tied to fund financing as the lender widens the range of assets it hedges via the booming securitization trade.

Clearlake Capital Group LP has raised $1 billion backed by stakes in its private market funds after rejigging the collateral mix in the deal following discussions with investors.

Davidson Kempner Capital Management, one of the world’s largest hedge funds, and the UK government have joined forces to provide capital relief for specialist agricultural lender Oxbury Bank Plc.

KKR & Co. increased its forecast for long-end US Treasury yields and said it expects the Federal Reserve to hold its benchmark rate at a higher level than previously envisaged, citing Chairman Kevin Warsh’s concern over persistent inflation.

Aareal Bank is working with Alvarez & Marsal on a deal to offload credit risk as the German lender pursues growth across European property markets and eyes a potential acquisition at home.

Wall Street is turning next year’s French election into a trade for investors, whichever way they expect the vote to go.

AIB Group Plc is working with Banco Santander SA and Howden Group on a significant risk transfer as the Irish lender expands the use of the hedging instrument across its loan book.

Manulife CQS Investment Management is touting double-digit annual returns in a bid to encourage investors to bet on the boom in significant risk transfers.

Europe’s top banks want to earn more from the debt-fueled artificial intelligence boom, while seeking ways to limit and offset exposures to the red-hot sector.

Societe Generale SA is hedging about $5 billion of project finance deals by taking advantage of sustained investor demand for significant risk transfers.

Fortress Investment Group has agreed to buy as much as $1.5 billion of loans originated by fintech unicorn Wayflyer to underpin the Irish finance platform’s growth.

Bank of Montreal recently completed two significant risk transfers covering about $5 billion of corporate loans, becoming the latest Canadian lender to tap strong investor demand for the instruments.

ING Groep NV is hedging credit risk on about $10 billion of loans via significant risk transfers as banks worldwide bolster their use of the instruments to free up capacity for new lending.

BlackRock Inc.’s Global Infrastructure Partners LP has been in discussions with investors to sell bonds backed by stakes in some of its private capital funds, joining a growing list of asset managers exploring ways to bolster returns on their holdings.