Jon Penner is a senior reporter/analyst on IFR Markets for live Eurobond issuance and secondary market commentary, also covering regional and Swiss Franc issuance for IFR magazine. He has spent almost 20 years in the markets in the back office, as a broker, a salesman and a trader before settling into writing about it. He joined IFR in 2006 and is based in London.
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In a year that presented new challenges that needed fresh thinking to overcome, and despite major changes in its bond team, one bank stood out. For its leadership, innovation and consistent approach, Credit Suisse is IFR’s Swiss Franc Bond House of the Year.
It is rare for a sub-investment-grade issuer with a default still fresh in people’s minds to bring a deal to the notoriously conservative Swiss market.
Alexander Seiler has taken over as head of securities at Raiffeisen Schweiz, in charge of fixed income trading and sales, capital markets and equity trading.