Banks

The Swiss bank posted the biggest quarterly profit on record thanks to an accounting gain related to its acquisition of Credit Suisse, but weak performance at its former rival hints at a long road back to growth

◆ Spanish bank becomes first big European lender to skip an AT1 call this year ◆ Muted market reaction for other issuers so far ◆ Intesa Sanpaolo prints €1.25bn AT1 with €5bn peak book

Agency prints its largest dollar benchmark this year after a record book

◆ Only 8bp needed to seal Nordea's novel non-pref ◆ Debut deal not an ESG or KPI-linked bond

Carles Jou joins after 14 years at Goldman Sachs

◆ Proceeds earmarked to fund SLL portfolio ◆ Upcoming deal to include no links to Nordea's own KPIs

Investors more assertive this week, said lead manager

Demand picture for long-dated paper still uncertain after Jackson Hole meeting

◆ World’s oldest bank scoops €500m with latest deal ◆ Only 25bp of concession needed to seal senior sale ◆ Bank faces second half MREL shortfall

Well known face in world of SSAs rejoins Washington supra

Higher rates and name recognition fuelled the tightest corporate print since June

Asian borrowers are finding better funding options in Australian dollars and Japanese yen as higher US dollar interest rates bite