Asean

Indomobil Finance Indonesia has returned to the syndicated loan market for a $100m borrowing after a break of nearly one and a half years.

Malaysia’s Yinson Holdings doubled the size of the increase option on its overnight share sale, allowing its shareholders to raise MR420m ($101m) on Wednesday.

HSBC has tapped a senior investment banker from Credit Suisse to lead a division of its private bank, naming Johnny Liu as managing director and regional head of global solutions group (GSG), Asia Pacific.

Nicholas Chia has been made the head of equity capital markets and syndicate at Singapore’s OCBC Bank, the latest of Standard Chartered’s former ECM team to land a new role.

There has been a relentless downward pressure on the pricing of investment grade loans this year, as lenders choose to preserve the size and quality of their balance sheets even in the face of diminishing returns. Unfortunately, respite from margin compression is not coming any time soon, as volumes remain low and banks’ liquidity and hunger for assets show no signs of abating. Shruti Chaturvedi reports.

Indonesian property developer Lippo Karawaci excited investors on Monday with its roll out of a longer tenor, high yield bond.

HSBC has appointed Arsalaan Ahmed to helm its Malaysian Islamic banking operations, the bank said in a statement.

Vietnamese state-owned Hanoi Beer Alcohol and Beverage Corp (Habeco) will finally start trading on the Hanoi Stock Exchange on Friday, eight years after it went public.

Indonesian property developer Lippo Karawaci is continuing its efforts to push out its debt maturity profile with a new 10 non call five bond.

ANZ has made some 30 people redundant across its institutional banking divisions in New York, London and Asia.

International Finance Corp has made its first appearance in the Singapore dollar market in seven years. Its new treasury hub allows the supranational to give greater attention to Asian markets, the borrower’s Flora Chao told GlobalCapital Asia.

Goldman Sachs’ chairman for Asia Pacific and vice-chairman of the firm, Mark Schwartz, has decided to retire at the end of 2016, bringing an end to his 27-year tenure at the bank.