Santander

Spanish bank seizes opportunity of Credit Suisse demise to grow IB

◆ Spanish lender captures strong demand despite last week's rates volatility ◆ Investors get opportunity to 'jump' into rare long end tranche ◆ Despite big demand other issuers are 'very cautious'

Spanish agency served up 10th social bond as similarly labelled issuance has declined 10% year-on-year

The Spanish region served up its sustainable debut to raise €500m

◆ Santander Consumer Bank seals 35bp move ◆ 10bp-20bp concessions needed for senior prints ◆ Pipeline slows as issuers enter 'monitoring mode'

Spanish funder delivers both price and size as investors flock to shorter tranche

◆ Improved tone lures local lenders in size ◆ Yankee arb possible again ◆ European trio steps up Yankee printing on Thursday

Growing team adds former Nomura FIG DCM banker

◆ Many factors drive strong demand ◆ Rarity aspect helps some issuers ◆ Pipeline loaded, say bankers

Santander’s swoop for Credit Suisse investment bankers may look opportunistic but it’s part of a multi-year plan to become a force on both sides of the Atlantic

As Santander rattles through tier two trade, FIG market anticipates destination: AT1

UBS has scaled up preparations for its integration of Credit Suisse, but with the deal yet to complete, departures abound and uncertainty is the overriding emotion