Credit Suisse

◆ Deal marketed at a price to sell ◆ Structure suggests UBS is optimising funding volume ◆ Reluctance to buy Swiss AT1s remains but fixed income markets are recovering

Higher rates are powering an equilibrium in the AT1 market that may tempt even the most unlikely of issuers to come to the market

Former IB co-CEO to join as vice-chair of corporate and investment bank

Financial institutions specialist and head of DCM leaves failed Swiss bank for new advisory adventure

Local market deal will help the bank's domestic entity to fund cheaply and independently

Fifteen years after Lehman's collapse, many say banking system regulation does not work as intended

Former Credit Suisse banker joins after senior departures

◆ Deal precedes redemption of AT1 and exacerbates shortage of paper in the currency ◆ Issuer locks in ‘very good’ arb ◆ HSBC’s third trade this week follows sterling covered and senior bonds

The Swiss bank posted the biggest quarterly profit on record thanks to an accounting gain related to its acquisition of Credit Suisse, but weak performance at its former rival hints at a long road back to growth

Higher rates and name recognition fuelled the tightest corporate print since June

The former Credit Suisse banker will start his new role next week

Imminent half year results will reveal whether the new Swiss bank is a hastily patched monster or a new financial powerhouse