Banks

Market participants ‘certainly won’t get bored’ during quiet weeks for issuance

Co-CEO leaving is first high profile departure since takeover

French risk ‘the known unknown’ and will ‘get serious' come autumn

Banker left US house and joined boutique in 2023

◆ First offshore deal in sterling since PRA debacle in April ◆ Canadian undersupply driving demand ◆ Euro still better despite the UK Treasury's equivalence plans

First international bank tier two in Hong Kong dollars since NAB’s club placement in 2023

Financial institutions dealmaking is at an 18 year high but banking consolidation is elusive

Supporters claim smart derivative contracts remove need for central counterparties

Largest ever US bank capital deal sold this week as another big perp also appears amid hunt for yield

◆ Citi and Wells Fargo opt to issue in euros before dollars ◆ Citi's offer described as first post-GFC euro tier two from a US bank ◆ Both banks achieve competitive funding in 'green flashing' euro market

◆ Greek bank's first bond of the year vastly improves on last year's financing ◆ Scarcity appeal, buyback, and higher UniCredit ownership help crunch spread ◆ Old bond to be bought back above par

Helaba merger could create a 'diversified' player in the commercial real estate market