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Progress to bring down government deficit will be slow, warn economists
Likely successor as UK prime minister Andy Burnham further to the political 'left than anyone else’ but market hopeful that scope for more borrowing is limited
The extra scrutiny that comes with working on the most visible, public and largest deals would give even the Stoics something to scratch their heads about.
Investors were impressed with how the region's issuers have dealt with the crisis
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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
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Lower rates will need lower inflation — and an FOMC consensus
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Leveraged loan prices have rallied from their post-war dip, with CLO demand remaining strong despite subdued LBO activity
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Gulf AT1 deluge will be a challenge, with or without drone strikes
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Issuers of senior debt are under little pressure to print, and can wait
