Banks

◆ SocGen and especially UBS garner huge demand for high yielding AT1s ◆ Red-hot interest suggests more European banks could issue in subordinated Yankees ◆ HSBC and BBVA raise $2.75bn in tier two

A swift combination of the UK investment banking teams of UBS and Credit Suisse shows the rapid progress that has been made, as CEO Sergio Ermotti looks ahead to a ‘pivotal 2024’

Kiwi sub-sovereign sacrifices size to price tight

◆ Deal is French insurer's first bond since 2014 ◆ Strong demand for higher yielding assets results in pricing close to fair value ◆ Book reaches around €3bn

Borrower targets pocket of liquidity in two year FRNs

Leads’ orders helped issuer meet its size goal

Flavour and fragrance company capitalises on investor demand to take size at a tight price

SSA prints totalling $2.75bn speak volumes about strength of bid in dollars

Chemical group splits into speciality and essentials companies amid late year surge in event-driven activity

Bankers say it is hard to say why demand for the deals was subdued

Vest Boligkreditt finds price traction as Oma issues its debut benchmark

Sale is expected to value the Norwegian consulting firm at Nkr5.65bn