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.
UK bank paper remains under intense pressure as prime minister May strains to sell her draft Brexit deal which triggered a spate of cabinet resignations last week.
ING Bank started marketing a triple-tranche senior unsecured transaction at a generous level despite its defensive nature, ensuring the choppy backdrop and heavy supply from its parent did not thwart its size ambitions.
Danske Bank is preparing to sell its first bond deal in a major currency since June, testing investor demand as the bank continues to operate under the cloud of a money laundering scandal.