HSBC

◆ Tightens 1bp and takes $750m ◆ Bankers still waiting for fixed rate benchmark ◆ Sterling issuance in play

◆ No new issue premium paid ◆ Green bond helps build book ◆ Good demand for French agencies

◆ First euro deal from Candian province hits 'perfect storm' ◆ BNG and AFD print 15 years ◆ All tighten by at least 3bp

◆ Deutsche Bank calls one AT1, extends another ◆ Market appears accepting to 'idiosyncratic' event ◆ Metro Bank issues public AT1 with the highest coupon

HSBC’s investment bank could have a new strategy this month after negotiating a stay of execution from the CEO for parts of M&A and ECM. But the truncated bank will have a harder time convincing clients

Other sustainability bankers’ jobs at risk

Respected expert’s job cut while on maternity leave

◆ HSBC prints A$1.5bn into 'growing market' ◆ Banco Santander lures buyers amid value vs euros ◆ Aussie market 'more appealing'

UK bank kicks off 2025 funding with $8.5bn raised across the capital structure

Citi, HSBC, Morgan Stanley and RBC will pay fines, Deutsche gained immunity

MDs and VPs leave as bank retrenches

◆ Bond tightens 5bp from guidance ◆ Highest subscribed deal so far this week ◆ Relative value highlights issuer as 'strongest' Belgian region