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Executive is moving to more senior role
India is on track for a record year of IPOs. Global tech giants continue to plough capital into a fast-growing consumer economy that is investing heavily in ensuring it’s a major player — along with the US and China — in an AI-first world
◆ Deal finds demand despite arrest of South Korea's president ◆ High single digit concession left for investors ◆ Leads added spread to calm concerns
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  • I’m often surprised at the lengths to which banks will go these days to hire newbies.
  • Equity-linked banker exits Goldman — BAML hires in DCM syndicate — ANZ loses debt director — SMBC adds to loans team — Ex-UBS banker heads to Citic CLSA
  • Allocations for a $235m three-tranche financing for private equity firm Partners Group’s acquisition of Philippine business process outsourcing company SPi Global were firmed up on Tuesday.
  • India saw a burst of IPO filings this week, with state-owned insurers New India Assurance Co (NIA) and General Insurance Corp of India (GIC Re) lining up potential billion-dollar listings.
  • The Brics New Development Bank (NDB) is seeking further renminbi financing, preparing a return to the bond market for up to Rmb5bn ($746m) before the year-end, according to KV Kamath, president of NDB.
  • Bank of America Merrill Lynch has added a banker to its debt capital markets division in Hong Kong, hiring her from a Chinese securities house.
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