Saving face: Banker balloons after food mishap

When life gives you lemons, stay cool and ask life what else it has got.

  • By Taipan
  • 17 Oct 2019
Email a colleague
Request a PDF

I ran into an IPO banker at a Chinese securities firm recently. She was a young woman, recently promoted to the job. When I met her in the Captain’s Bar, she struck me as a rather eager person, desperate to build new connections, hit new heights, and in general, try very hard to impress.

But all of this ambition went to waste on her due diligence visit to a Chinese client in a remote northern city last month.

Hoping to fuel herself in preparation for the meeting that was scheduled for shortly after she was set to land, she made a big mistake – despite mild allergies to a variety of foods, she ate everything offered on the flight.

As her plane taxied to the gate, she felt a slight itchiness on her face, which quickly developed into blurred vision. When she looked at herself through her phone camera, she saw her eyelids had swollen to the size of peaches.

The poor girl then made her second mistake: she  went to the meeting instead of the hospital. Her clients looked at her in shock, trying to hold back nervous laughter.

“I think they were genuinely scared,” she told me. “But I got the job done, thinking that nothing worse could happen after the meeting was finished.”

Alas, she was wrong, because she was then asked to pose for a photograph alongside her clients and the local tax bureau chiefs, so that the Hong Kong SFC would have a record in case anything fishy were to come up and they needed to investigate.

“I don’t know if they can tell it’s me in the photo,” she said. “But I can't.”

  • By Taipan
  • 17 Oct 2019

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 27.09
2 Industrial and Commercial Bank of China (ICBC) 12.86
3 China Merchants Bank Co 11.85
4 China Merchants Securities Co 9.09
5 Agricultural Bank of China (ABC) 5.51

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $b No of issues Share %
  • Last updated
  • Today
1 CITIC Securities 15.74 76 7.80%
2 Goldman Sachs 14.46 60 7.17%
3 China International Capital Corp Ltd 14.21 72 7.04%
4 UBS 12.70 89 6.30%
5 Morgan Stanley 11.11 66 5.51%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $b No of issues Share %
  • Last updated
  • Today
1 HSBC 32.35 286 8.26%
2 Citi 25.59 178 6.53%
3 JPMorgan 18.14 134 4.63%
4 Standard Chartered Bank 18.08 182 4.61%
5 Bank of America Merrill Lynch 15.02 111 3.83%

Asian polls & awards

  • Finance Minister of the Year, CEE

    Djamshid Kuchkarov, Uzbekistan

  • GlobalCapital China Capital Market Awards 2019: open for submissions

    GlobalCapital China is pleased to invite you to participate in the GlobalCapital China Capital Market Awards 2019. Inaugurated last year under the GlobalRMB banner, the awards celebrate the accomplishments of the leading players in the renminbi debt capital markets, onshore and offshore, as well as key service providers.

  • Last chance! GlobalCapital Asia Capital Market Awards 2019

    GlobalCapital Asia is pleased to invite pitches for our annual capital markets and investment banking awards, which reward the most impressive transactions and investment banks of 2019.

  • GlobalCapital reveals SRI Award nominations

    GlobalCapital has published the nominations for its Sustainable and Responsible Capital Markets Awards. The winners will be announced on September 17, at our Awards Ceremony in Amsterdam.

  • GlobalCapital SRI Awards: poll extended

    In response to requests from market participants, GlobalCapital has extended the closing date of its poll to determine the 2019 winners of its Sustainable and Responsible Capital Markets Awards. Market participants can now vote until July 26.