Lloyds Bank
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International demand supported the UK lender’s sterling transaction -
Lloyds chooses additional tier one (AT1) funding in sterling while Allianz and Société Générale hit euro market for tier two financing
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The ex-MUFG bank and securities CEO for EMEA joins the UK outfit after retiring in March
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Lloyds, Nordea and Helaba offered bail-in paper across the curve
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ISSB publishes 1,300 responses
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Second issue backed by big lead order from friendly investor
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UK sovereign draws ample demand at the long end as markets continue to ignore domestic political upheaval
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UK bank further diversifies its funding sources, raising almost $1.3bn-equivalent in Asia Pacific this month
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UK issuer achieves competitive funding cost compared to dollars but yen market remains challenging for foreign issuers
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Promotion is part of broader reorganisation of Lloyds’ top team in US
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New US CEO to oversee push in dollar debt, lending, trade finance
