Banks

The face-to-face element of the capital markets will prevail despite moves to automate the sector using artificial intelligence, say interns

Malik Menzer set to join the bank in November

The former Credit Suisse banker will start his new role next week

◆ Slimly subscribed deal spotted 2bp-3bp tighter ◆ Undersubscribed Santander UK senior deal also above par ◆ Sterling investors hope for a break in supply after difficult week

Bank paper dominates in offshore Swissies as NAB and Santander UK add to flow

◆ UK bank issues its only outstanding Aussie tier two ◆ Second capital deal within a week sold outside of core markets ◆ Funding official says diversification motivated the rare deals

Sobi plans to repay debt from an acquisition through a non-underwritten rights issue

Imminent half year results will reveal whether the new Swiss bank is a hastily patched monster or a new financial powerhouse

The Japanese seller will prioritise aftermarket performance over high valuation, say sources

◆ The two banks restart senior issuance from national champions ◆ Intesa takes double the funding in eight year tranche than in four year one ◆ Mizuho’s seven year gets ‘extra boost’ from green label

◆ Bank attracts £455m of orders for £500m print ◆ Price-sensitive investors resist 7bp move ◆ Bond holds firm on the offer side post-pricing, ask spotted 5bp wider

The news comes four months after speculation he was set to leave the bank