UK

Deutsche Bank has hired the ex-head of European capital markets at Standard Chartered for a role managing conduct and controls.

BGC Partners has appointed a new senior managing director and general manager for its London brokerage.

British American Tobacco has offered the sterling market its second long dated bond in as many days, a £350m 40 year tranche as part of a €1.1bn offering.

Santander UK was set to take home €1bn of five year operating co senior debt after a swift execution on Wednesday, with its slim new issue premium boding well for borrowers looking to grab funding before year end.

Royal Bank of Scotland has told bondholders it will buy back any and all of seven notes across sterling, dollars and euros, as the UK bank continues to retreat from certain businesses.

Teva Pharmaceutical Industries “just scraped home” with very tight pricing on the $33.75bn loan it signed on Monday. Only around half the banks invited participated because margins were so tight, said a banker close to the deal.

As the world's largest consumer of commodities, China is trying hard to make the RMB a bigger player in those markets. But while the long term strategy makes plenty of sense, its short term implementation faces a number of headwinds, despite the Hong Kong Exchange Group’s (HKEx) best intentions.

Hiscox secured strong demand for its £250m 30 year non-call 10 tier two notes on Tuesday as sterling investors showed no signs of fatigue despite a recent spate of subordinated issuance from British insurers.

Teva, the New York-listed Israeli pharmaceutical company, has completed and signed $33.75bn of loans for its acquisition of Allergan Generics.

The Ranger holds banks to ransom for their votes for the Loans Awards.

Nationwide Building Society has appointed the former head of HSBC UK as its new chief executive.

London Stock Exchange Group (LSEG) and India’s Yes Bank have signed a memorandum of understanding to work together on bond and equity issuance, with a special focus on green infrastructure finance.