Asean

Singapore's Housing Development Board returned to the domestic market last week, raising S$1bn ($700m) from a deal that showcased the issuer’s strong credentials among Singapore dollar bond investors.

Maybank has hired Naguib Hussin from CLSA for its equity capital markets desk in Malaysia. He replaces Norly Khalim, who has transferred to another department within the Malaysian lender.

Korea Exchange has put together a group of specialists to help attract blue chip companies from Indonesia and Vietnam to list in South Korea.

Waste to energy firm Jinjiang Environmental is planning an IPO in Singapore to raise up to $500m in the first half of the year, according to sources close to the transaction.

Barclays beat a hasty retreat this week from the bulk of its investment banking operations in Asia, shuttering offices in multiple countries and slashing hundreds of jobs amid a wider global cull in costs and personnel. It did not pull any punches, with the cuts stretching across the equities, loans and bonds products. John Loh reports.

A $300m three year loan for Development Bank of the Philippines (DBP) has gone into general syndication via three mandated lead arrangers and bookrunners.

Four banks have rolled out a S$1.75bn ($1.22bn) five year financing for a subsidiary of Singapore’s Universal Terminal.

Maybank is understood to be hiring the former head of Royal Bank of Scotland's Asian loans team in a senior position, according to two sources.

Citi’s Asia Pacific franchise posted a solid set of numbers in 2015, which regional CEO Francisco Aristeguieta is keen to continue in a volatile 2016, according to an internal memo seen by GlobalCapital Asia.

The former head of Asia Pacific loan markets at Royal Bank of Scotland is expected to join Maybank next week, according to two sources.

Barclays is pulling out of the cash equities business in Asia Pacific as the bank stages a total exit from a number of countries in the region including Taiwan and Korea.

Tata Steel's $1.5bn refinancing has been launched into general syndication after a senior phase that began in early December.