UBS

Novelty and high quality asset pool fueled demand for the bumper print

Local market deal will help the bank's domestic entity to fund cheaply and independently

Confidence is returning as banks bet on a revival in financial sponsor-driven corporate finance activity, and European banks are as ambitious as ever

◆ Foreign trio raises $8.25bn in the US before the FOMC disrupts issuance ◆ Danske was the latest to tap the market in SP structure

◆ Swiss bank chose the US market for its double first outing after its Credit Suisse takeover ◆ Investors flock to the latest senior bail-in bond ◆ Some see it as precursor to AT1 return

◆ BNP Paribas sells longest senior euro note since July ◆ Slim 2bp-3bp concession needed ◆ Investors hungry for duration with accounts interest out to 30 years

◆ UBS to sell new Yankee a fortnight after last ◆ Holdco deal goes a step lower in the capital structure ◆ Some see it as precursor to AT1 return

◆ European and Asian issuers lead the charge as Barclays takes size◆ Global funding conditions shift in favour of dollars ◆ UBS returns to bond market for the first time after Credit Suisse takeover

◆ Scotia unearths arbitrage and a greenium in Swissies ◆ Label fuels demand among asset managers for inaugural note ◆ Aktia eyes Swiss franc debut of its own

The Swiss bank posted the biggest quarterly profit on record thanks to an accounting gain related to its acquisition of Credit Suisse, but weak performance at its former rival hints at a long road back to growth

Higher rates and name recognition fuelled the tightest corporate print since June

The former Credit Suisse banker will start his new role next week