Everyone in debt capital markets has heard of green bonds, and most in the financial world accept that sustainability and greenness are Good Things. But for all the grand commitments and PR initiatives, understanding of the issues is still as hazy as a Beijing smog.
Once upon a time the worst thing investors had to think about at new year was what surprises the Fed might spring. Now there’s a maverick US president who talks of picking fights with China, allies, you name it. The UK is leaving the EU, the far right might win power in France and trade is ailing. Oh, and then there’s the Fed. Jon Hay reports.
The risk of a devastating collapse in oil and gas companies’ share prices, when investors suddenly start pricing in climate change, is one scenario financial regulators are trying to ward off with the launch of new guidelines this week, which are a milestone in the world’s response to global warming.
- Ignorance on climate is still rife
- Populist wave threatens peace and the gains of globalisation
- New climate risk push a game changer but investors call for mandatory rules
- BoCom Leasing flies new route with $300m aircraft repack
- BoCom Leasing launches rare repackaged aircraft notes
- NPL securitization takes centre stage with triple decker
- Chinese trio set stage for NPL securitization bonanza
- CCB to make NPL securitization debut
- ABC keeps NPL securitization momentum going
The latest round of Republican calls in the US for president-elect Donald Trump to fire the Consumer Protection Financial Bureau (CFPB) head Richard Cordray and roll back the agency’s influence is a real threat to American consumers.
From Our Global Coverage
Obvion priced its €2bn Storm 2017-1 RMBS at a record low spread for for five year Dutch RMBS paper since the financial crisis, and the lender has said it will continue to look to build on its range of RMBS transactions.
Carlyle released price guidance for the refinancing of its Carlyle Global Market Strategies Euro CLO 2014-2 on Monday, as the primary CLO pipeline takes a back seat to a wave of refinancing deals.
More from Asia
- CDB homes in on dual currency bond
- Korea shakes off political turmoil to hook $1bn
- South Korea makes dollar comeback with 10yr
- New Indonesian regulations demand bond dealer loyalty
- DBS Bank lands long awaited debut euro covered bond
- BPCE to give Japan first taste of Samurai senior non-preferred
- Mandates flood Monday market
- Bond appetite strong despite tepid investor confidence
- HKEX deploys derivs volatility control mechanism
- Sebi targets mutual fund trust investment, backdoor listings
- BSE $182m IPO expected to price at top
- BSE plans late January launch of $200m IPO
- ZhengTong Auto zooms to bigger $409m financing
- Zhongce unit rolls in for $300m syndication
- By the dozen: 12 banks join Amvig HK$1.6bn loan
- Intas acquisition loan nets $350m with one week to go
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Most Viewed: Securitization
Panda Bonds Top Arrangers
|Rank||Arranger||Total Volume Rmb (m)||No. of Deals||Share % by Volume|
|1||Bank of China (BOC)||8,500||7||18.01|
|3||Agricultural Bank of China (ABC)||5,000||4||10.59|
|5||Industrial and Commercial Bank of China (ICBC)||3,000||3||6.36|
Bookrunners of Asia-Pac (ex-Japan) ECM
|Rank||Lead Manager||Amount $m||No of issues||Share %|
|1||Haitong Securities Ltd||1,383.79||4||25.02%|
|2||Guotai Junan Securities Co Ltd||675.24||3||12.21%|
|3||China Securities Co Ltd||572.35||3||10.35%|
Bookrunners of Asia Pacific (ex-Japan) G3 DCM
|Rank||Lead Manager||Amount $m||No of issues||Share %|
|5||Bank of America Merrill Lynch||905.93||2||9.05%|
Asian polls & awards
China’s private banking industry is growing in leaps and bounds. High- and ultra-high-net-worth mainland customers are increasingly mobile, demanding best-in-class service from their financial providers. Banks are adapting to the changing world, rolling out innovative and sophisticated services to their high-end clientele. In recognition of China’s advances in the field, Asiamoney is proud to announce the winners of its awards for best mainland private banks for 2016.
Asia has taken its time in improving corporate governance standards, with experts agreeing on the need for broader action. But Taiwan and Hong Kong firms seem to be moving in the right direction, as shown in the results of this year's Asiamoney Corporate Governance poll. Paolo Danese reports.
Asiamoney is pleased to present its choices for Asia’s Best Managed Companies in 2016. In a year marked by political and economic upheaval, the region’s best firms and executives impressed on through a combination of factors including financial performance, innovation and strategic execution.
Analysts in Asia are used to dealing with dynamic and unpredictable markets but the events of this year provided a real test of mettle. Against a backdrop of global political upheaval and worsening economic outlook at home, the winners of Asiamoney’s 2016 Brokers Poll have proved they have what it takes to impress their clients.
Asia’s brokerages have needed to stay nimble in the face of volatile markets and changing regulation that has tested their industry. HSBC and CLSA are well placed to meet the challenge after coming out top in the Asiamoney Brokers Poll. Peter McGill reports.