Banks

Barclays and Citi are following rivals in scrapping the bonus cap for material risk takers in London. But after a decade of salary increases, the outcome could prove better for banks than for bankers

UK lender became first Yankee bank to print a dollar trade since the end of July

◆ UBS's recently issued AT1s have outperformed ◆ Future AT1 supply expected as capital requirements increase ◆ Analysts update performance recommendations after quarterly report

ESG presents a huge challenge to Asian issuers, but sustainability-linked bonds are primed to take a bigger role

◆ First public SSA euro bond in weeks ◆ Deal has an unusual tenor ◆ Pricing ‘couldn’t have gone much tighter’

'A lot of work ahead' to counter 'structural unprofitability' of Credit Suisse, says CEO

Issuer gets ahead of potential supply wave next week

French bank becomes the second European borrower to target the Kangaroo market this week

◆ ING Bank prices three-part Aussie deal ◆ BNP Paribas set to follow with subordinated note ◆ Major window opens between volatility and US CPI data

Long-term duration funds gain amid lower rates backdrop

Firm cuts two senior bankers from its UK investment banking team while the head of bank research team has resigned.

◆ Bankers evaluate levels against domestic and foreign comps ◆ Follows recent UOB and LBBW transactions ◆ More Aussie supply eyed after slow July