Good morning from the Financial Times.

Today is Friday, September 3rd, and this is your FT News Briefing.

Banks and investors are preparing for a flood of new corporate debt hitting the market.

In Germany's Blue Chips stock index, the DAX is getting a makeover.

Banks impart to the Wirecard debacle.

This is very much being seen as a new moment for the DAX and a chance to move on from that scandal.

Plus we'll tell you about the FT's new weekend podcast.

It launches tomorrow and hosts Lila Raptopoulos will give us a taste of what's in store.

I'm Mark Filipino and here's the news you need to start your day.

After a quieter August for corporate bond issuance,

investors and banks are bracing themselves for a US corporate debt bench.

Some bank analysts told the FT they expect to see up to $60 billion in riskier high yield debt

for higher rated debt that number is expected to be well over $100 billion.

Now it's not unusual for a September to be a busy time for corporate bond sales,

but some say this month could come close to matching last year's frenzy in some parts of the market.

That's when companies borrowed heavily to get through the worst of the pandemic.

Now companies are borrowing in part to lock in lower interest rates.

It's also to fund acquisitions and to buy back stocks to reward shareholders.

Germany's leading stock index will undergo a shake-up later this month.

The DAX blue chip index will have 40 companies.

That's up from 30 and the new stocks will be announced today.

Our Frankfurt correspondent Joe Miller explains why the folks who operate the DAX

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