Banks

‘Generational change’ includes new CFO, deputy CFO and head of funding

Move in basis swap rate brings Swiss franc funding costs in line with core markets

Ex-Barclays and TD Cowen bankers join as UBS builds up Americas banking

Firms facing consequences from green commitments

Nearly three years after its reboot, UniCredit’s corporate finance business is starting to motor as Andrea Orcel’s performance-led ethos yields results

Order books shrink when issuers tighten pricing as investor expectations of rate cuts shift

◆ Japanese lender moves first in dollars before CPI roils rate cut expectations ◆ Conditions stabilise by Thursday as Jefferies brings its largest bond ◆ New supply to follow April 12 bank earnings

Pricing from swap curve has taken a firm hold in 2024

Issuer passes 70% funding mark after upsizing in social format for the first time

Issuer intends to focus on conventional dollar bonds but euros and green deals are also possible

Little is being done to protect society from climate change’s worsening effects

Swissie market offering pricing benefits to issuers willing to go longer