UK
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Ex-Credit Suisse banker joined Ares in 2023 -
Loss of LCR eligibility could hit sterling covered demand, but issuers expected still to come
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Swiss market resilient, but Trump test is set to be a roadblock
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Capital markets banker returns from US to take over Ponsonby's remit and more
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The company announced his departure on Friday
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Severn Trent and Bank Vontobel tempt investors with inaugural trades
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Shift to shorter Gilts as UK gets ready to borrow £304bn in 2025-26
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Regulator changes direction after years of 'allergy to risk'
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Company is refinancing to cut costs
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Borrowing task is second largest ever after Covid response
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◆ Borrowers take £500m from undersupplied market ◆ Despite lower spread Northern Powergrid's longer maturity trade more popular ◆ Sterling volumes down around 10% from March 2024
