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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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The loans team at Standard Chartered in Hong Kong has undergone a number of changes, with new bankers coming into the fold to replace those who have left recently. -
Indonesian television broadcaster MNC Sky Vision has launched the second stage of syndication for its latest loan, having added two lenders in senior. The company has also trimmed the size of its fundraising to $225m from $275m after accessing an alternate source of funds.
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L&T Infotech, a unit of Indian conglomerate Larsen & Toubro, is set to raise Rp12.4bn ($183.4m) from its domestic IPO, having announced the price range and bookbuilding dates.
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The outcome of the Brexit referendum has cast a shadow over London’s ability to maintain its status as Europe’s foremost RMB business hub. In this lowdown, GlobalRMB pits three other European capitals – Frankfurt, Luxembourg, and Paris – against the City as the most likely contenders for Europe’s RMB crown.
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UBS has rejigged its global investment banking team as it feels the need to re-examine its business in the face of a “perfect storm of challenges”, according to an internal memo sent to staff by Andrea Orcel, president of the investment bank.
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The list of Chinese real estate firms seeking to take advantage of the country’s Panda bond market is getting longer, with Agile Property Holdings the latest to have its application approved.
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