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◆ Sterling trade was lender's third tranche of covereds this year ◆ 48bp was in line with fair value, a banker said ◆ Santander UK's first sterling covered since May 2025
Tej Singh leaves firm suddenly
Lower rates will need lower inflation — and an FOMC consensus
Leveraged loan prices have rallied from their post-war dip, with CLO demand remaining strong despite subdued LBO activity
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Gulf AT1 deluge will be a challenge, with or without drone strikes -
Issuers of senior debt are under little pressure to print, and can wait
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The most successful investment banks must strive for excellence in managing people
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Tight price and strong book reported as market awaits geographic breakdown
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Investment banking is a competitive business, especially when it’s your bosses that are vying for your attention
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Deal raises questions about whether transaction was done at arm's length
