Europe
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Cheaper covered deals to make way for pricier regulatory paper
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Rico Pedrett will join German bank from Aviva
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The bank says it has initiated 80% of the Sfr1.2bn of cost cuts targeted for 2023
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Antero Touchard had worked at the firm since 2003
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Merger with Leaseplan will increase funding needs, bring higher rating
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Spreads expected to tighten but a deep recession could upend analysts’ models
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Issuance set to beat even high predictions, but bond market is recovering
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Japanese shareholder sold off its 14.56% stake throughout the year
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Rock bottom cash prices expected to spur companies to buy their own debt
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Non-deal roadshows already happening as issuers want to be ready to move quickly
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Swiss commodity trading group has signed a €570m loan for cross-border natural gas storage