Barclays

GlobalCapital is proud to introduce the Southies, the premier alternative investment banking awards for 2023

When the shockwave set off by the failure of Silicon Valley Bank swept the legs from under Credit Suisse, all the talent and relationships of a big investment bank were up for grabs. UBS has tried to hang on to what it sees as the best bits — but the biggest beneficiaries are likely to be rivals. Jon Hay and David Rothnie report

Exit by Middle East investor comes as Barclays inks plan to revive share price, but big changes to its investment bank appear to be off the table

The decision to trim its stake ramps up pressure on the bank to fix its flagging share price

Qatar's stake in the UK bank is a legacy of the financial crisis

Supranational will return in syndicated format on Wednesday in dollars

Issuance opportunities abound across capital stack but borrowers said to be happy to wait for deeper liquidity

◆ Issuer stays in senior format as European peers opt for raising AT1 capital ◆ State Street adds rare tier two to funding mix ◆ Conducive market may stretch FIG issuance after Thanksgiving into December

◆ Fourth deal in a little over a week will add to $6.5bn of AT1 issuance ◆ Comes just a day after Barclays garnered huge response for its tightly priced trade ◆ Santander seen focusing on achieving lower yield

Sovereign gets second largest book ever despite political hubbub

◆ Issuer takes advantage of red-hot sentiment post-CPI ◆ Higher yielding bank capital prices moved up, including a similar AT1 from Barclays ◆ Strong demand suggests tight pricing eyed

Demand exceeded €110bn when final terms were set for the dual-trancher