Alice Gledhill is a reporter covering bank and insurance debt with a focus on the primary market. She also writes regularly about banking regulation. She joined IFR and IFR Markets in 2014.
Novo Banco is attempting to identify holders of its outstanding bonds ahead of a proposed liability management exercise, according to three market sources.
Ahead of Friday’s first-quarter earnings, Banco Popular’s Additional Tier 1 bonds plunged as concerns about the bank’s liquidity position compounded worries about the state of its capital position.
Peter Riera will join RBC Capital Markets to lead its UK FIG debt capital markets origination effort, according to a source.