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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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  • Shinhan Bank launched a new five year dollar deal on Tuesday, following its compatriot Korea National Oil Corp into the debt market.
  • HSBC has elevated 14 Asia-based staff from its global banking and markets (GBM) division to managing director, part of a global round of promotions, according to an internal memo seen by GlobalCapital Asia.
  • Thailand’s ECM market is heating up with yet another IPO set to launch this week, as WHA Utilities and Power starts bookbuilding on Tuesday.
  • China Evergrande Group dashed into the market last Friday, securing a $1.5bn deal across two tranches before investors shut down for the weekend.
  • The China Banking Regulatory Commission (CBRC) has taken a further step towards opening up the country’s financial sector, allowing foreign and joint venture banks to invest in domestic banking financial institutions.
  • Two senior executives at Morgan Stanley in Asia Pacific have recently resigned from the US bank, according to sources close to the matter.
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