Banks

Sources say the bank’s redundancy drive is likely to spread

This week's new issue tightened in secondary market by 1bp-1.5bp despite underlying volatility

Foreign banks lead high-grade financial issuance in the US either side of inflation-inspired sell-off

Smaller and weaker European financial institutions must raise funding this year but will have to navigate a backlog of competing issuance

Deal hailed as showing leadership for Asia Pacific

More than three years on from its landmark restructuring, Deutsche Bank believes its strategy is right for the looming economic crisis as it tries to buck the recent trend of US dominance

Dealmaking veteran says people "you know and love" were a key factor for the decision

Pair join from Frankfurt advisory firm and oil major, Shell

Reverse Yankee issuer finds warm reception for €3.5bn four part deal

Investors put plenty of demand behind the French firm's deal seven months after the exercise was first postponed

US giants joined in more stable market by other issuers for a further €1.25bn of senior bonds

Bulging books for some, but Grenke is forced to postpone its trade after opening books