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The Swiss franc bond market weathered the collapse of one of its two biggest players in 2023 to enjoy its busiest year since 2014. Investors welcomed foreign issuers from all quarters with open arms and, as Sophie Astles writes, those visitors may be here to stay
'We have indeed seen a lot of new issuance year-on-year and in that sense the collapse of Credit Suisse has not had any impact on the primary market so far,' said Markus Thoeny.
It helps to understand the foibles of the very rich.
BNP Paribas expands its Global Markets franchise in Switzerland, hiring a Credit Suisse banker at the French bank.
The exodus continues. After Deutsche Bank and J. Safra Sarasin, French bank BNP Paribas is attracting investment banking executives from Credit Suisse's Swiss unit, finews.com has learned.