Commerzbank

LBBW and Commerzbank reserve their slots early for first trading day of 2024 with December mandate announcements

The bank's plan to issue a seven year covered bond sets the stage for likely head to head execution with LBBW

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

◆ Authority says banks sport best capital ratios ever thanks to improved profitability ◆ With net interest margins having or close to peak this may be about to turn ◆ Major banks unfazed by higher capital requirements as they boast strong buffers

Sabeen Munir joins syndicate desk after 18 years at Credit Suisse

Shares in the French game publisher fell more than 8% after the convertible and delta placed

Strong name recognition helps Swiss pharma company achieve size at a tight price

BTP's overnight performance helped secure domestic interest

Italian 10 year government bonds outperformed Germany

Hessen prices €250m tap as market braces for a week of data drops and central bank meetings

Market shifts to favour returning issuer

German issuer returns to dollar long end after a three year hiatus