Banks

"We want to use this change of structure and these new leadership roles to foster this multi-product solutions mentality," Pete Mason tells GlobalCapital

FastBall Holdings, the investor consortium led by KKR & Co, has reduced its stake in Flutter Entertainment by almost a third, raising £406m, after the Irish bookmaker reported strong six month results on Tuesday.

Swiss franc issuance is increasing following the end of the summer break, with bankers expecting a minimum of four deals to grace the market next week. Banque Cantonale du Valais and EGW looked to get in ahead of this rush with a pair of long dated transactions on Wednesday.

NatWest’s head of syndicated loans for EMEA, Jonathan Pughe, is set to leave his post at the end of September as part of the continuing restructuring of its investment banking division.

A pair of banks moved the bar downwards as they printed two of the tightest Australian dollar deals since the 2008 financial crisis: ING Australia found demand for dual tranche covered bond, while United Overseas Bank tapped the three year point of the curve.

Trionista TopCo, a German sub-metering provider, launched a €200m sustainability-linked Schuldschein on Tuesday.

Deutsche Bank has enhanced the roles of several senior investment bankers in EMEA as it looks to sharpen its focus on cross-border advisory and sector coverage in the region.

Mainland China’s sustainable bond market has gone from strength to strength recently, with issuers and investors finding new opportunities and embracing international standards.

ING is set to print the first Australian dollar covered bond of the year this week. Covered paper out of the region has remained scant over the last 12 months, but issuance is set to pick up as onshore lenders start to think about life after the end of the Reserve Bank of Australia's Term Funding Facility.

Standard Chartered opened books for a dollar additional tier one (AT1) bond on Tuesday, pairing the new issue with an early tender for its perpetual non-call April 2022 note.

Becton, Dickinson & Co proved that demand for high grade corporate euro debt was still thriving in the second week of August, with a well oversubscribed multi-tranche deal

A strong quarterly result for Crédit Agricole was given a boost by a recovery in structured finance volumes in EMEA, including asset-backed and mortgage-backed deals as well as project finance.