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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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◆ Investors show keenness for higher yielding bonds as macro trumps geopolitics ◆ BNP Paribas and Nomura eye dollar AT1s ◆ Commerz adds tier two capital in euros
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The government has had no problem raising money in capital markets since October 2023
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Sometimes doing the firm a favour can win you no friends — how do you turn that situation round?
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Black Sea Trade and Development Bank treasurer explains why now was the right time to return to raising debt
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More Gulf banks, outside Saudi Arabia, are preparing subordinated bond issues this month
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◆ Functioning market for debut and lower tier borrowers despite spike in political volatility ◆ Kommunalkredit Austria prints rare tier two as mBank prepares debut ◆ Malakoff Humanis raises €750m for growth