RBS sounds global retreat leaving bank’s Asian future in the balance

RBS announced a slew of changes on Thursday as the struggling bank undergoes a large restructuring programme that will reduce it from a global lender to a more UK-focused operation. Despite the expected downsizing, those close to RBS are not expecting any major upheavals to its Asian operations just yet, write Rev Hui and Rashmi Kumar.

  • By Rev Hui
  • 28 Feb 2014

The restructuring, codenamed Project Cook, will see RBS move away from the current seven operating division structure to a three sector business model consisting of corporate and institutional banking, personal and business banking, and commercial and private banking.

Donald Workman, most recently the bank’s head of Asia, will ...

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Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 CITIC Securities 26.21
2 China CITIC Bank Corp 16.13
3 Everbright Securities 14.11
4 Bank of China (BOC) 13.10
4 China Merchants Bank Co 13.10

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 19 Jul 2017
1 CITIC Securities 7,763.12 41 5.89%
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4 UBS 6,293.33 42 4.77%
5 China Securities Co Ltd 5,257.70 29 3.99%

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Rank Lead Manager Amount $m No of issues Share %
  • Last updated
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1 HSBC 21,906.29 134 8.88%
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5 Bank of America Merrill Lynch 11,072.09 62 4.49%

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