UK

Royal Bank of Scotland has put Anne Gebuhrer, another managing director in its FIG DCM team, at risk of redundancy.

Royal Bank of Scotland has placed its head of covered bond origination at risk of redundancy.

Tim Skeet, head of covered bond origination, has been put at risk of redundancy at Royal Bank of Scotland.

UK construction company Balfour Beatty has nearly halved the size of its revolving credit facility in a £400m refinancing deal.

UK banks will have to provide the Bank of England’s supervisory arm with two versions of their quarterly leverage ratios, though the regulator has extended the start date for publicly reporting the ratios by one year.

Santander UK has beaten a path that could be well trodden by European banks in the next two years, printing a holdco senior unsecured deal in the Tokyo Pro-Bond market as it looks to broaden its investor base for issuing loss absorbing debt.

CYBG may be an ugly name, but it is going to become a familiar one. The Clydesdale and Yorkshire Bank Group will price its IPO on February 2 next year, and begin trading on the London Stock Exchange the same day.

Royal Bank of Scotland has signed up three buyside firms to fund a planned expansion of its UK mid-market private equity origination business. AIG Asset Management, Hermes and M&G are all entering the sector for the first time, and will have privileged access to new originations from the British bank.

Fidessa, the UK based financial software and data company, has appointed a former LIFFE sales head to its Europe, Middle East and Africa derivatives business.

American Honda Finance has visited the sterling bond market for a £250m seven year deal, its inaugural offering in the currency.

Total SA, the French oil company, made its second foray of the year into the sterling bond market on Monday, with a £150m tap of its previous bond in the currency.

The loan market will gather in London on Wednesday, December 9, for the Loan Syndicate Manager’s Forum's charity carol service.