Banks
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MUFG hires new investment grade finance director for Germany and Austria
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◆ Global markets search for clues on how long before US rates are cut ◆ Fed path deemed more important than Middle East conflict in dictating primary market tone ◆ Pipeline across capital stack once clarity emerges
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Not all issuers drew large oversubscriptions in mixed market
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Rare issuer brings lone trade in the currency while SSAs fund in dollars
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At least four issuers will price dollar deals of between three and 10 years on Tuesday
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◆ Santander paid 10bp-15bp new issue premium ◆ Lead says paid up more because of market uncertainty ◆ Some bankers argue Middle East conflict ‘had no impact on pricing and execution’
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World's oldest bank to offer a pick-up to recent Italian deals
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‘Generational change’ includes new CFO, deputy CFO and head of funding
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Move in basis swap rate brings Swiss franc funding costs in line with core markets
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Ex-Barclays and TD Cowen bankers join as UBS builds up Americas banking
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Firms facing consequences from green commitments
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Nearly three years after its reboot, UniCredit’s corporate finance business is starting to motor as Andrea Orcel’s performance-led ethos yields results