Banks

Deal sets a pricing benchmark for SSA dollar green bonds in 2024

Venkat wants to generate higher returns in investment banking without increasing its capital

◆ Mizuho and Westpac NZ the only FIG issuers in dollars this week ◆ After each raised $1.5bn in dual tranchers, monthly volume pushed to $28bn ◆ Market focus also on Capital One's acquisition of Discover

Second largest book on record for the issuer after a 10 year it priced in March 2021

NWB Bank lands all-time record book

Four senior bankers in total confimed as put at risk in London

French bank is a force in covered and overseas unsecured issuance

HSBC takes a hit on its Chinese bank stake, while banking, capital markets and advisory revenues remained unscathed

Both names drew large oversubscriptions despite bringing similar trades

Covered bonds are popular across Europe, but domestic demand is still king

Hybrid capital and ESG specialists leave

Two other German SSAs bring deals on same day