UBS

Former IB co-CEO to join as vice-chair of corporate and investment bank

Strong name recognition helps Swiss pharma company achieve size at a tight price

Richard Bärlocher will take over the management of Swiss bond issuers from next year

No let-up in issuance but investors running short on cash

Bank overcame challenging market conditions to price its second Swiss deal of the year

South Korean policy bank aims to continue a bumper year of funding with Swiss bond

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