‘Bespoke’ CDS issuance touches $20bn
At least $20bn in “bespoke tranches” of credit default swaps were issued in the seven months ended July. That compares with $15bn for the whole of 2016, according to traders operating in this over-the-counter market. (FT)

New MUFJ banking arm collects $3bn in deposits
The US banking arm set up by Tokyo-based Mitsubishi UFJ Financial has raised customer deposits worth about $3bn since its launch in February, sources said. Pure point Financial is garnering US dollar funding to support its activities in the US, including project finance. (FT)