Asia Pacific

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.

Tata Power subsidiary Bhira Investments is understood to have mandated six banks to arrange a refinancing of a $460m loan wrapped up in October 2014.

India's Quick Heal Technologies wrapped up investor meetings for its $70m-$80m IPO last week and plans to open books in mid-February, according to sources.

Postal Savings Bank of China stole the attention of the Hong Kong equity capital market this week as it kicked off preparations for a potential $15bn IPO, set to be the largest in the city in nearly five years. But fickle markets and a Hong Kong dollar stuck in a downward spiral could put the issuer on the back foot, writes Jonathan Breen.

GlobalCapital Asia held a New Year drinks and awards reception at Isono in Hong Kong on January 20, 2016.

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.

Kaisa Group Holdings has dismissed a counter proposal by a group of bondholders over the potential restructuring of the Chinese property developer’s offshore debt.

Italian energy company Enel has signed a financing agreement with Bank of China, which will exchange a $1bn credit line for Chinese access to Enel's future projects.

ChemChina is in the early bird stage of syndication for its KraussMaffei acquisition loan and is targeting relationship banks, according to a banker familiar with the deal. Commitments are due around the end of the month.

Chinese conglomerate Wanda Group is planning a spate of listings for its myriad business divisions, starting with the IPO of its internet finance arm in three years, said its chairman Wang Jianlin.