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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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First European flotation felled by Trump tariffs
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Banks could get stuck with large exposures they cannot offload
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By plunging the US into a recession, Trump might get his rate cut wish
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Rates investors show they’re still keen, sparking hopes credit buyers are too
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IG lending fees tipped to stay tight despite some leveraged loans being postponed
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The country's ruling coalition may be about to fall apart