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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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Private sector expected to help rebuild shattered territory but governments will have to go first, with Gulf states in view -
New dad faces tough reality of time management
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Pentagon muscles into race for rare earths as China clamps down
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Ukrainian hopes rise of reserves-backed loan for $23bn funding gap
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Tensions are rising once more as China and the US renew verbal hostilities over trade, with both sides unveiling plans designed to undermine the other side economically
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Banks must be careful not to throw out their babies with the bathwater as AI floods the business
