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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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Donald Trump’s assault on the tenets of US financial exceptionalism is a boon to European capital markets
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Report says AI could cause correlated behaviour
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Predictions 2025 would be a 'good vintage' dashed, but better deals could still advance
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◆ First EGB syndication in three weeks breezes through primary ◆ Sovereign rides recent upgrade momentum ◆ Quick execution, measured pricing and sizing approach
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There's an audience for the right story even in chaotic markets
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BWICs spike and spreads widen but market remains constructive