• RMBi to help China shape global finance

    Renminbi internationalisation could give China greater influence over global asset prices in the next decade, but only if regulators can manage to internationalise the currency without destabilising its exchange rate, according to KPMG and Global Financial Markets Association (GFMA).

    • 05:45 AM
  • Citi to boost BRI coverage with bigger team

    Citi is planning to add at least 25 bankers to its Belt and Road coverage team over the next couple of years amid a pick-up in interest from clients.

    • 05:15 AM
  • MUFG’s co-head of DCM appointed LMA chairman

    Mathias Noack, co-head of debt capital markets for EMEA at MUFG, has been appointed as Loan Market Association chairman by the board.

    • 25 Sep 2017
  • The FIG Idea: Runners and Riders for the Basel Race

    The FIG Idea studies the form for bank capital's most important competition of the year — set to run this October (or perhaps not).

    • 25 Sep 2017
  • HSBC names Incalcaterra new ASEAN chief economist

    HSBC has appointed Joseph Incalcaterra as its chief economist for ASEAN, a newly created position at the bank.

    • 25 Sep 2017
  • Masala bonds get lifeline with RBI rule tweak

    In a fillip to the Masala bond market, the Reserve Bank of India is excluding offshore rupee-denominated bonds from the investment limits for foreign portfolio investors in corporate debt, effective October 3.

    • 25 Sep 2017
  • Bond Connect: hedging remains a hurdle

    How investors hedge their new RMB bond exposures was a topic of great debate ahead of the Bond Connect launch, and it is still a partially open question.

    • 25 Sep 2017
  • Citi names Apac capital markets head as Poon exits

    Citi is moving an experienced banker from London to take up one of its most senior capital markets positions in Asia Pacific.

    • 25 Sep 2017
  • The Buy Side: Investec finds value in Panda bonds

    Panda bonds issued by non-red chip foreign names are being snubbed by Chinese investors with a home bias – an opportunity international investors should not overlook, Wilfred Wee, portfolio manager at Investec Asset Management, told GlobalRMB in a wide-ranging interview.

    • 25 Sep 2017
  • The week in renminbi: Think tank urges looser currency controls, CSRC calls for opening up of agri futures, CIPS adds four new members

    A leading Chinese think tank recommends regulators loosen control over the renminbi’s’ exchange rate, the China Securities Regulatory Commission (CSRC) calls for the opening up of the domestic agricultural commodity futures market, and China International Payment System (CIPS) adds four indirect participants.

    • 25 Sep 2017
  • BNPP hires help to dive deeper into Delta

    BNP Paribas is extending its delta one execution and financing offering, and has hired a senior salesman from Citi to help run the initiative.

    • 22 Sep 2017
  • HK puts stop to heavily discounted equity raises

    The Hong Kong Stock Exchange (HKEX) plans to bar issuers from carrying out heavily dilutive equity raisings, as it seeks feedback on a raft of proposals aimed at tightening governance for listed companies.

    • 22 Sep 2017
  • China’s downgrade won’t scare investors

    China’s downgrade by S&P caused an initial wave of surprise in the market on Thursday, but the rating change will ultimately be a non-event, despite the sovereign plotting a return to dollar bonds shortly.

    • 22 Sep 2017
  • Ucits funds coming to Bond Connect

    European regulators are nearing a move to allow Ucits to invest in China through Bond Connect.

    • 22 Sep 2017
  • The lowdown: S&P downgrades China’s sovereign rating

    Rating agency S&P downgraded China's long-term sovereign rating from AA- to A+ on Thursday, stating the high levels of credit growth pose growing risks to the economy. In this lowdown, we touch on some of the key issues raised by S&P and the market reactions to the decision.

    • 22 Sep 2017
  • RMB round-up: China’s net FX sales down in August, PBoC advisor calls for RMBi push, Portugal picks banks for debut Panda

    Net FX sales by Chinese bank are down 75% month-on-month in August, an advisor to the People’s Bank of China urges push for renminbi internationalisation as the currency strengthens, and Portugal hires banks for its first Panda bond issuance.

    • 22 Sep 2017
  • People Moves in Brief

    Market comeback for Manu — CS hires top levfin banker — Cabei cap markets head moves on

    • 21 Sep 2017
  • Regulators warn firms to show effort for MiFID mercy

    The MiFID II deadline stands. Firms who don't prepare to meet it won’t receive any grace or favour, the FCA has said. But the tough deadline of January 3, and continued lack of regulatory clarity, means firms that show they've done all they can should escape the worst effects.

    • 21 Sep 2017
  • EU starts work on new short term benchmark rate

    European authorities have announced the start of work to identify a risk-free overnight rate, to be provided by the European Central Bank by 2020.

    • 21 Sep 2017
  • Single market combat: Commission squares up to Brexiteer lawyer

    A prominent UK lawyer clashed with a senior European commissioner at a conference this week after saying there was a ‘work-around’ for Brexit.

    • 21 Sep 2017
  • Cross River taps Schumer staffer for policy gig

    Cross River Bank has tapped Phil Goldfeder, a former staff member with New York Senator Charles Schumer, to lead its government affairs team.

    • 21 Sep 2017
  • SFC admits defeat in push for input on IPO approvals

    There was relief all round this week after Hong Kong's financial regulator backed down from a contentious plan to increase its involvement in listing approvals, and also gave the market some much-needed clarity on its role in IPOs, writes Jonathan Breen.

    • 21 Sep 2017
  • Regulators break ranks on how to count bond trades

    As the January deadline for MiFID II approaches, gaps are opening up between Europe’s regulators over how to manage the complex rules — giving banks opportunities to arbitrage them and forcing traders to compete not only on price, but on jurisdiction.

    • 21 Sep 2017
  • Credit Suisse bets on Europe as it refreshes EMEA leadership team

    Credit Suisse has refreshed its management team in EMEA and is ramping up in the region again. This time it’s different, writes David Rothnie.

    • 21 Sep 2017
  • Sebi approves bonds sales for Reits, InvITs

    India’s real estate and infrastructure investment trusts have been approved to issue bonds, in the latest move to ease the funding crunch for issuers.

    • 21 Sep 2017
  • Goldman rejigs senior ranks in Apac, SEA

    Goldman Sachs has made a number of changes to its senior team in Asia Pacific ex-Japan and southeast Asia, promoting from within.

    • 21 Sep 2017
  • Societe Generale appoints head of global markets for Spain and Portugal

    Societe Generale has hired Francisco Sottomayor as its head of global markets for Spain and Portugal.

    • 21 Sep 2017
  • Leverj aims for decentralised platform for crypto derivatives

    Leverj, a planned decentralised platform for cryptocurrency derivative trading, will not only offer the ability to trade cryptocurrency leveraged products but also to use the blockchain to trade other index and stock futures.

    • 20 Sep 2017
  • ISDA DC decides on Noble Group, prompts questions on reform

    An International Swaps and Derivatives Association (ISDA) determinations committee this week 'cleverly' dismissed the controversial question of whether Noble Group defaulted on its debt in June, but the move has prompted questions about reform of the decision-making process.

    • 20 Sep 2017
  • BAML names O'Neil EMEA CIB co-head

    Bank of America Merrill Lynch announced on Wednesday that Jim O'Neil, co-head of global FIG, would be switching roles to become co-head of EMEA corporate and investment banking alongside Bob Elfring.

    • 20 Sep 2017
  • Cabei veteran joins IIC treasury

    Central American development bank Cabei’s acting head of capital markets is moving to Washington, DC to become lead funding officer at the Inter-American Investment Corporation (IIC) in the treasury division.

    • 20 Sep 2017
  • Jefferies results: gloomy for trading but a party for primary

    Jefferies' dreary third quarter trading results were buoyed by a record performance in its capital markets division.

    • 19 Sep 2017
  • Heavyweight returns to SSA and EM market

    A big name in SSA and emerging markets syndicate has returned to the primary markets, joining the desk at a French bank.

    • 19 Sep 2017
  • BNPP hires veteran Deutsche trader

    Former Deutsche Bank trader Neehal Shah will join BNP Paribas as the global head of G10 FX trading.

    • 19 Sep 2017
  • EBA proposes securitization risk transfer reform

    The European Banking Authority has published a discussion paper looking to harmonise the supervision of risk transfer in securitization across the EU.

    • 19 Sep 2017
  • CFTC's Quintenz says DLT will cause "sea change"

    Distributed ledger technology “is on the verge of creating a sea change in contract design, reporting and settlement”, Brian Quintenz, a member of the Commodity Futures Trading Commission, said this week, as he was named sponsor of its Technology Advisory Committee (TAC).

    • 19 Sep 2017
  • Goldman appoints Hitchner as Apac chairman

    Goldman Sachs has promoted Ken Hitchner to chairman and chief executive officer of Asia Pacific ex-Japan, amid a rejig of its senior ranks in the region.

    • 19 Sep 2017
  • S-Reits, trusts to keep issuance spree on a high

    Singapore real estate and business trusts have raised a healthy $2.9bn in equity this year, with market participants seeing no let-up in volumes as investors continue to chase for yield.

    • 19 Sep 2017
  • Credit Suisse hires top levfin banker Ross

    Credit Suisse has hired David Ross, a veteran of the EMEA leveraged finance markets, to co-head its EMEA leveraged finance capital markets group.

    • 18 Sep 2017
  • Echlin and Drew move on as Credit Suisse rolls out senior revamp

    Credit Suisse has replaced Marisa Drew and Mark Echlin as co-heads of EMEA investment banking and capital markets with Mathew Cestar and Jens Welter. The bank also announced a senior hire in leveraged finance.

    • 18 Sep 2017
  • Latham hires veteran structured finance lawyer

    Latham & Watkins said it had hired Simeon Rudin, a former partner at Freshfields and former head of the firm's structured and asset finance team in London.

    • 18 Sep 2017
  • ISDA lays out views on CCP recovery and resolution

    The International Swaps and Derivatives Association (ISDA) released new recommendations on how to manage the recovery and resolution of central counterparties (CCPs) on Monday. The organisation also encouraged regulators to not distract themselves with 'politically driven topics', citing the debate on whether certain clearing houses should be relocated to European Union member states after Brexit.

    • 18 Sep 2017
  • Goldman appoints duo to helm southeast Asia IB

    Goldman Sachs has named Udhay Furtado and Harry Naysmith as co-heads of investment banking for southeast Asia, according to a memo seen by GlobalCapital Asia.

    • 18 Sep 2017
  • SFC drops listing committee proposal after resistance

    Hong Kong’s Securities and Futures Commission (SFC) has backed down from the idea of boosting its involvement in listing approval decisions following a wave of opposition, but will maintain its new role of intervening in serious listing matters.

    • 18 Sep 2017
  • Timing of Chinese sovereign dollar bond baffles analysts

    After a 13 year absence, China's Ministry of Finance (MoF) is getting closer to tapping the dollar bond market again. But although some analysts say the issuance will help cut costs for Chinese corporates borrowing abroad, others were left scratching their heads over the timing of the deal given China's growing pile of FX reserves.

    • 18 Sep 2017
  • SG moves London banker to head Apac acquisition finance

    Société Générale Corporate & Investment Banking has brought in a senior executive from London to head its Asia Pacific acquisition financing unit.

    • 18 Sep 2017
  • The week in renminbi: Venezuela uses RMB for oil pricing, PBoC says bankers bullish about economy, SZ-HK Connect volumes hit new high

    Venezuela replaces the dollar with the renminbi as the quoting currency for its oil exports, the People’s Bank of China says bankers are confident about the Chinese economy, and the Shenzhen-Hong Kong Stock Connect sets a new record in turnover volume.

    • 18 Sep 2017
  • ABS market mulls holding on to long feared rules

    Regulatory concerns are a perennial topic of discussion at securitization conferences, but at ABS East in Miami this week it’s different: with some analysts predicting CLO volumes could challenge the record breaking 2014 figures, it’s the potential rollback, rather than rollout, of regulation that is prompting discussions.

    • 17 Sep 2017
  • Santander adds one for Scandi FIG coverage

    Santander has hired a banker from HSBC to work in its debt capital markets team for financial institutions.

    • 15 Sep 2017
  • UniCredit hires three for German FIG team

    UniCredit has made three new appointments within its financial institutions group for Germany and Northern Europe.

    • 15 Sep 2017
  • Boston Common-ShareAction letter to bank CEOs

    Here is the full text of the letter sent by 100 investors to 62 bank CEOs in September 2017, calling on them to manage and disclose climate risk.

    • 15 Sep 2017
  • MUFG hires from BNPP for insurance DCM

    MUFG (Mitsubishi UFJ Financial Group) has hired a senior banker from BNP Paribas to front its EMEA insurance team.

    • 15 Sep 2017
  • Cazenave steps up at AMF, Eliet goes to Euroclear

    French market regulator Autorité des Marchés Financiers (AMF) has promoted Natasha Cazenave to head of public policy and international affairs, and replaced Guillaume Eliet, who has left to work for Euroclear.

    • 15 Sep 2017
  • RMB round-up: Safe official wants CNH and CNY to merge, AXA IM launches short dated China bond strategy, ex-HKMA head urges RMB trading for HK stocks

    The State Administration of Foreign Exchange (Safe)’s deputy head says the onshore and offshore renminbi markets should merge, AXA Investment Managers (AXA IM) launches a new strategy to buy short dated onshore RMB bonds, and the ex-boss of the Hong Kong Monetary Authority (HKMA) suggests Hong Kong-listed stocks should trade in renminbi.

    • 15 Sep 2017
  • Get real on climate risk, investors tell banks

    A hundred investors managing $1.8tr of assets have signed a letter calling on banks to say more about how they are managing the risk of climate change, and to publish a strategy saying how they support the goals of the Paris Agreement.

    • 14 Sep 2017
  • EU lays out plan to directly approve complex debt

    The EU has laid out how it plans to change the roles of the European supervisory authorities (ESAs), including giving the European Securities and Markets Authority (ESMA) direct authority to approve prospectuses for wholesale debt issues.

    • 14 Sep 2017
  • Goldman's masterplan is to make lots of money

    Goldman Sachs laid out plans to turn around its FICC division, following two quarters in which the business underperformed its peers. The bank also laid out its plans to boost revenues across the bank in unprecedented detail, explaining to the market how it would add $5bn to revenues in three years.

    • 14 Sep 2017
  • The EU cannot go it alone on CCP regulation

    Commodity Futures Trading Commission chairman Christopher Giancarlo's warning to Europe against taking “unilateral” action in changing rules tied to G-20 commitments made in 2009 is right. While there are concerns about the future regulatory relationship between the United Kingdom and the European Union, derivatives clearing is a global issue.

    • 14 Sep 2017
  • People Moves in Brief

    Barclays hires Goldman asset finance trader — Capital markets head leaves NatWest — Jefferies raids JPM for corporate broking

    • 14 Sep 2017
  • Jefferies takes Benelux M&A team from Deutsche

    Jefferies has opened an investment banking office in Amsterdam and has poached a team of bankers from Deutsche Bank to run it.

    • 14 Sep 2017
  • MUFG picks Amsterdam for post-Brexit securities business

    Mitsubishi UFJ Financial Group (MUFG) has set up a subsidiary in Amsterdam, giving it an option for its securities business once the UK leaves the EU.

    • 14 Sep 2017
  • People news in brief, September 14, 2017

    Natixis has named Desmond Tang as head of financial sponsors coverage for Asia Pacific, a newly created position as the bank sets up a financial sponsors coverage department for the region.

    • 14 Sep 2017
  • Banks power up in industrials as coverage model shifts

    The shifting landscape in industrials is changing the way banks are hiring for the sector, and the power base is moving to Europe from the US, writes David Rothnie.

    • 14 Sep 2017
  • Asset manager hires head of trading for ‘passive investment’

    Tobam has hired Frédéric Jamet as head of trading and co-head of research. Mr Jamet will oversee equities, fixed income, forex and assets. He will be based in Paris but will manage teams on the continent and in Dublin.

    • 14 Sep 2017
  • Former Deutsche trustee surfaces in buyside ABS role

    Deutsche Bank's former head of Americas for global transaction banking and corporate trust sales has joined Alexandria Capital as a managing principal in alternatives and structured products.

    • 13 Sep 2017
  • EU nears approval of 'Juncker plan' extension

    A representative of European Member States and the European Parliament agreed on Wednesday to increase the lifetime of the European Investment Bank's European Fund for Strategic Investments (EFSI) until 2020, with the aim to triggering a total of €500bn in investments in the EU economy.

    • 13 Sep 2017
  • Tobam hires ex-State Street adviser as head of trading

    Tobam, the Paris-based asset manager, has appointed Frédéric Jamet as head of trading and co-head of research. He had been an investment adviser at State Street for 11 years.

    • 13 Sep 2017
  • CFTC's Giancarlo warns EU on CCP supervision reforms

    Commodity Futures and Trading Commission (CFTC) chairman Christopher Giancarlo on Tuesday warned Europe against "unilateral change" of regulatory arrangements on the supervision of foreign central counterparties (CCPs), railing against "piecemeal and contradictory rulemaking".

    • 13 Sep 2017
  • Barclays hires Goldman asset finance banker

    Barclays has hired a senior banker from Goldman Sachs to lead its asset finance trading effort, as the bank continues its push to build out its corporate and investment banking operations.

    • 13 Sep 2017
  • IMF Q&A: Time for China to break the RMB free

    In the past year, Chinese authorities have taken measures to boost capital inflows, while keeping the currency and potential outflows under strict control. In this exclusive Q&A with GlobalRMB, Calixte Ahokpossi, senior economist at the International Monetary Fund, says China needs more reforms, and that introducing a flexible currency framework should be a priority.

    • 13 Sep 2017
  • PFM to be popular with foreign asset managers, says CLSA

    Foreign asset managers will increasingly use RMB raised in China to invest overseas, as the private fund management (PFM) programme takes off, said Alexious Lee, head of capital access, China, at CLSA.

    • 13 Sep 2017
  • Moody’s brings former Fitch senior director for new US role

    Moody’s Investors Service has appointed Vishal Damani as head of US intermediaries in its relationship management team, a newly created position. Damani had a similar role at Fitch Ratings.

    • 12 Sep 2017
  • STJ Advisors hires ex-JP Morgan research head

    STJ Advisors, the London-based corporate finance boutique, has hired JP Morgan’s former head of European equity research, according to a senior source at the company.

    • 12 Sep 2017
  • Barclays names Francis chief executive of UK private bank

    Barclays announced on Tuesday that Lisa Francis, who had been head of European corporate FX sales, will become chief executive of the private bank for UK and Ireland.

    • 12 Sep 2017
  • Roadblocks remain for BRI private financing

    The Belt and Road Initiative (BRI), without a doubt, will find many private sector takers. But despite their desire to get involved, investors are holding their horses as they assess risks, especially political ones, in Belt and Road countries.

    • 12 Sep 2017
  • UBS taps new investment banking vice-chairman

    UBS has hired a senior banker from Citi as the executive vice-chairman of the Asia Pacific investment bank, a newly created position at the Swiss firm.

    • 12 Sep 2017
  • Carney makes his mark at the BIS

    Mark Carney has taken over two chair positions at the Bank for International Settlements (BIS), just as he is due to step down from the Financial Stability Board (FSB).

    • 11 Sep 2017
  • Giancarlo maintains US voice on CCP supervision debate

    Chairman of the Commodity Futures Trading Commission (CFTC) Christopher Giancarlo on Monday reemphasised his commitment to global regulators' mutual recognition of foreign clearing house (CCP) supervisory regimes, without forcing “identical implementation”.

    • 11 Sep 2017
  • Jefferies hires for broking push

    Jefferies has hired Christopher Dickinson from JP Morgan as a managing director in its UK corporate broking team as the US bank continues to expand its offering.

    • 11 Sep 2017
  • Liquidity hires two ex-BNPP HY pros to set up new business

    Boutique trading firm Liquidity Finance has hired Michael Wheeler and Matthew Robbins, both formerly of BNP Paribas, to start a high yield bond trading operation in London.

    • 11 Sep 2017
  • Lewin and Köb change jobs at Zurich Insurance

    Zurich Insurance Group is reshuffling two of its most senior responsible investment officials, who are moving to new roles.

    • 11 Sep 2017
  • Citic CLSA names new head of fixed income syndicate

    Citic CLSA Securities has appointed a new head of fixed income syndicate in Hong Kong, who will work closely with the brokerage's debt capital markets team.

    • 11 Sep 2017
  • The week in renminbi: PBoC scraps FX forward reserves rule, KraneShares launches OBOR ETF, Bridgewater eyes new China fund

    The People’s Bank of China scraps the requirement for financial institutions to set aside cash as reserves when buying foreign currency forwards, KraneShares launches new ETF to track companies in the Belt and Road Initiative (BRI) projects, and Bridgewater is said to be starting a new investment fund in China.

    • 11 Sep 2017
  • Green coup: SEB hires funding chief from Washington supra

    One of the public sector bond market's best known and liked heads of funding has quit the International Finance Corporation (IFC) to join SEB.

    • 08 Sep 2017
  • Capital markets head leaves NatWest

    The global head of debt capital markets at NatWest Markets has decided to leave the bank after nearly 20 years.

    • 08 Sep 2017
  • Bank of Ireland hires for levfin syndicate from SocGen

    Etienne Lacault has joined Bank of Ireland’s leveraged syndicated finance team, the bank said in a notice on Friday. He last worked at Société Générale.

    • 08 Sep 2017
  • HBL settles with US for smaller $225m fine

    Habib Bank (HBL) has reached a settlement with US regulators for a much lower fine of $225m, after accusations it had breached anti-money laundering rules wiped 30% off its market value.

    • 08 Sep 2017
  • People Moves in Brief

    BNPP boosts private equity effort - Cred Ag raids SG for DCM - Natixis hires top US rates salesman

    • 07 Sep 2017
  • EU member states clash on CCP location policy

    European Union member states are pushing back against the European Commission’s June 13 proposal on supervising clearing houses (CCPs), which could forcefully relocate systemically important institutions to within the EU, with questions of sovereignty and liquidity fragmentation arising.

    • 07 Sep 2017
  • BNPP hires Valet for sponsors push

    BNP Paribas has hired a senior banker from Bank of America Merrill Lynch as part of an expansion of its financial sponsors coverage effort.

    • 07 Sep 2017
  • Citi hires UBS's Weissenberger to head EMEA chemicals

    Sean Weissenberger has moved to Citi to run EMEA chemicals investment banking.

    • 07 Sep 2017
  • Natixis hires FI sales head for Americas

    Natixis has hired Bryan North-Claus as head of fixed income sales Americas, as part of the French bank's push to improve its American business.

    • 07 Sep 2017
  • Capital markets revenues surge as trading businesses languish

    Capital markets divisions had the best revenue performance across investment banks in the first half of the year, according to analyst firm Coalition.

    • 07 Sep 2017
  • Kaden takes up the Baton

    Lewis Kaden, a former vice chairman at Citi, has taken a position on the advisory board of Baton Systems, the fintech payments processing company.

    • 07 Sep 2017
  • Jensen leaves SEB to return to Norway

    Steven Jensen is leaving his loan syndication sales position at Nordic bank SEB in London to join Norwegian bank DNB.

    • 07 Sep 2017
  • Afme lays out wishlist for Brexit transition

    Financial services and capital markets need a transitional period after Brexit, and the Association for Financial Markets in Europe (Afme) has explained how it thinks it should work.

    • 07 Sep 2017
  • Corporate broking under pressure as banks fight for mid-market

    A mid-market shake-out is under way in UK corporate broking as global banks and smaller rivals jostle for supremacy, writes David Rothnie.

    • 07 Sep 2017
  • HK-China Green Bond Connect plans divide market opinion

    The Climate Bonds Initiative (CBI) said it is working with Hong Kong’s stock exchange to launch Green Bond Connect, an initiative to help Bond Connect investors identify Chinese bonds that meet international green standards. But market participants are divided on whether such an initiative is necessary. Noah Sin reports.

    • 07 Sep 2017
  • Ex-fin min dragged into Halkbank probe

    US prosecutors have widened the net in their case against Turkey’s Halkbank after bringing new charges against the country’s former economy minister and the bank's former general manager for breaking Iranian sanctions, sending Halkbank assets lower but not hitting the rest of the country’s banking sector.

    • 07 Sep 2017
  • UBS's Weber warns of uncharted waters

    Axel Weber, chairman of UBS, warned ahead of the European Central Bank (ECB) meeting on Thursday that “unknown unknowns” lie in wait for markets once the course of unwinding quantitative easing begins.

    • 07 Sep 2017
  • People news in brief, September 7, 2017

    K Balasubramanian is returning to Citi as the new head of corporate banking for India, succeeding Rahul Shukla who will turn his focus to senior client coverage.

    • 07 Sep 2017
  • Behnam sworn in at CFTC, Quintenz gets chief of staff

    Trump’s first Democrat pick for commissioner at the Commodity Futures Trading Commission (CFTC), Rostin Behnam, was sworn in on Wednesday. He joins Brian Quintenz, who participated in the ceremony three weeks ago.

    • 07 Sep 2017
  • Stanley Fischer resigns from the Federal Reserve

    Stanley Fischer has resigned as second in command at the US Federal Reserve, leaving four of the seven seats on the Fed governors' board vacant.

    • 07 Sep 2017
  • Market, not regulators, behind China ABS growth: CSF

    Market demand from smaller companies, rather than regulatory action, is driving China’s asset-backed securitization market, said Kristal Hou, executive general secretary of China Securitization Forum, an industry association.

    • 07 Sep 2017
  • Conning boosts structured and corporate credit teams

    Insurance company asset manager Conning has hired a new managing director in its structured product team, as well as promoting a new managing director in corporate credit research.

    • 06 Sep 2017
  • Levfin strategist Melentyev leaves Deutsche for BAML

    Oleg Melentyev has joined Bank of America Merrill Lynch as head of leveraged finance strategy in New York, after four years in the same position at Deutsche Bank.

    • 06 Sep 2017
  • ICE appoints futures and benchmarks heads

    Intercontinental Exchange (ICE) on Wednesday announced a spate of changes to its senior management, all due to be enacted in October, including the replacement of veteran president of ICE Futures Europe David Peniket with Stuart Williams.

    • 06 Sep 2017
  • Nordea moves headquarters to join Europe’s Banking Union

    Nordea announced on Wednesday it would move its administrative headquarters from Sweden to Finland, allowing it to submit to supervision by Europe’s Single Supervisory Mechanism.

    • 06 Sep 2017
  • Crédit Agricole hires Soc Gen veteran

    Crédit Agricole CIB, the investment banking arm of the larger French bank, has hired a market veteran from Société Générale as global head of debt capital markets solutions and advisory.

    • 06 Sep 2017
  • Specialists boost research ahead of MiFID II

    Niche players see MiFID II's research rules as an opportunity to win market share.

    • 06 Sep 2017
  • UBS raids rivals in Japan for senior hires

    UBS has hired a handful of senior bankers for its Japanese equity and fixed income units from Mizuho and other rivals, boosting its bench strength amid growth in client activity and deal flow.

    • 06 Sep 2017
  • HKEX eyes green Bond Connect, says CBI

    The Hong Kong Exchange (HKEX) is in talks with Climate Bonds Initiative (CBI) to launch a Green Bond Connect, an initiative to help Bond Connect investors identify Chinese bonds that meet the international standards of green investments, Sean Kidney, CEO at CBI, told GlobalRMB in Beijing.

    • 06 Sep 2017
  • Green guidelines emerge for China’s outbound investment

    China’s Foreign Economic Cooperation Office (FECO) of the Ministry of Environmental Protection and a group of financial industry bodies in China have published a set of guidelines on controlling environmental risk for Chinese overseas investment.

    • 06 Sep 2017
  • Cryptocrash shows that the shape of things to come is legal

    News that Chinese regulators were outlawing initial coin offerings hit the cryptocurrency market hard, knocking some $38bn off the industry’s market cap, between Saturday and Monday. While the crash appears to be over for now, the dump should be a wake-up call to market participants that regulation is not something they can opt out of.

    • 05 Sep 2017
  • New head of EM sales starts at Deutsche

    Deutsche Bank has hired a new head of emerging market sales covering Europe, Middle East and Africa.

    • 05 Sep 2017
  • UOB, CICET boost collaboration in Chongqing

    United Overseas Bank (China) has signed a memorandum of understanding with China Chongqing International Economic and Technical Cooperation Group Corp (CICET) to support the latter's business expansion into ASEAN.

    • 05 Sep 2017
  • Green finance a ‘key pillar’ of Belt and Road: PBoC

    The development of green finance will be a key pillar to the success of the China-led Belt and Road Initiative, according to Yin Yong, deputy governor of the People’s Bank of China, speaking at a forum in Beijing this week.

    • 05 Sep 2017
  • Citi hires Apac prime finance head from BNP

    Citi has named Sebastien Mailleux as head of prime finance for Asia Pacific, replacing Angus Yang, who has left the firm.

    • 05 Sep 2017
  • DBS to establish wholly-owned subsidiary in India

    DBS Group Holdings has received approval from the Reserve Bank of India to establish a wholly-owned local subsidiary in the country, a big fillip to a firm that was Singapore’s first bank to set up a representative office in India.

    • 05 Sep 2017
  • China bans ICOs as regulators get tough

    The formerly booming cryptocurrency market was a sea of red on Monday, thanks to the news that China is making Initial Coin Offerings (ICOs) illegal. Other regulators are also stepping up their efforts to clean up the market.

    • 04 Sep 2017
  • Exotix hires Lat Am corporate credit analyst

    EM specialist firm Exotix has hired a well-known corporate credit analyst to lead its coverage of Latin American companies from New York.

    • 04 Sep 2017
  • ANZ picks Shoji to head Japan specialised finance

    ANZ has hired Hodaka Shoji as head of specialised finance for Japan, wooing him from Mizuho AsiaInfra Capital (MAIC) in Singapore.

    • 04 Sep 2017
  • IDFC Singapore promotes from within for new CEO role

    The Singapore-based arm of IDFC Securities has appointed a chief executive officer, a newly created position after it obtained a capital markets services licence for the city-state.

    • 04 Sep 2017
  • Westpac creates new Asia macro strategy head position

    Australia’s Westpac Banking Corp has hired an experienced economist to head up its macro strategy team for Asia.

    • 04 Sep 2017
  • Incomplete data clouds Bond Connect’s success

    Driven by a rush to buy short term paper, Bond Connect flows through Shanghai Clearing House (SHCH)’s recorded their largest volume so far last week. But a closer look at the data suggests that markets are not getting the full picture of how successful the scheme has actually been.

    • 01 Sep 2017
  • RMB round-up: Date set for Party congress, Sharjah plans Middle East’s first Panda bond, RMB back as fifth most used payments currency in July

    The Communist Party congress is set to kick off on October 18, the emirate of Sharjah plans the Middle East’s first Panda bond issuance, and Swift data says the renminbi was the fifth most used currency for payments globally in July.

    • 01 Sep 2017

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 318,645.99 1207 8.88%
2 JPMorgan 291,870.93 1330 8.14%
3 Bank of America Merrill Lynch 285,392.08 993 7.95%
4 Goldman Sachs 218,480.36 718 6.09%
5 Barclays 210,235.01 814 5.86%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 32,320.82 147 6.67%
2 Deutsche Bank 32,259.50 104 6.66%
3 Bank of America Merrill Lynch 28,890.43 85 5.96%
4 BNP Paribas 25,663.29 144 5.30%
5 Credit Agricole CIB 22,617.86 130 4.67%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 18,160.85 71 9.15%
2 Morgan Stanley 15,215.44 76 7.67%
3 UBS 14,195.29 55 7.15%
4 Citi 14,014.57 86 7.06%
5 Goldman Sachs 12,113.98 67 6.10%