2. Best bank for sterling bonds

Best bank for sterling bonds

RBC Capital Markets

Although a Canadian bank, RBC has been a prominent sterling market participant for years, with the same core of people who moved over from Hambros Bank in 1998 still in place. "We are a full-service provider in the sterling market," says Phil Gee, head of credit trading. "People can get a price from us in most sterling products."

RBC Capital Markets competes with the big UK banks on both credit and rates, says Gee, which to some extent reduced th