Philip Wright - Associate Editor Fixed Income/Emerging Markets Philip Wright is an associate editor at IFR in charge of the fixed-income sector, across investment-grade, high-yield and emerging markets. He joined IFR in July 2000, having previously been on the banking side in a number of trading positions in the floating-rate note market, the most notable of which were five years at Girozentrale Vienna and four at Sakura Finance. He also has experience of portfolio management and broking in a City career that began in 1982.
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Stanley Ross, one of the pioneers of the Eurobond market, died on July 23 at the age of 83.
Beyond the Santander and Danske AT1 deals, five banks ploughed into the covered and senior markets on Wednesday, buoyed by a rebound in sentiment and keen to dodge any volatility brought on by central bank meetings on Thursday and key economic data from the US on Friday.
Nationwide Building Society is considering issuing the first sterling-denominated Additional Tier 1 bond, having hired a group of banks to manage an investor roadshow ahead of the possible transaction, said one of the lead managers on Thursday.