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◆ Sterling trade was lender's third tranche of covereds this year ◆ 48bp was in line with fair value, a banker said ◆ Santander UK's first sterling covered since May 2025
Tej Singh leaves firm suddenly
Lower rates will need lower inflation — and an FOMC consensus
Leveraged loan prices have rallied from their post-war dip, with CLO demand remaining strong despite subdued LBO activity
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Several mitigating factors could contain energy price rises
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The future of the great investment banking Gulf expansion
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Some capital market staff laugh off risks, others worry about their families
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Market participants still hope to clear backlog before April
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Issuance on hold as investors need time to understand the conflict's impacts
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Investors, issuers and bankers will be watching the performance of German and Austrian government bond issues for signals