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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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  • ANZ has appointed Shayne Collins as a managing director of its markets business, the Australian lender announced on Monday.
  • The short-end of the CNY swap curve has been bid on the back of today's weak yuan fix while disappointing economic data has triggered offers in the belly. Separately, the People’s Bank of China (PBoC) is considering direct trading of CNY/ZAR FX, writes Deirdre Yeung of Total Derivatives.
  • Samsonite International has signed a credit agreement with its lenders for the $2.425bn financing it took out to back its takeover of premium luggage maker Tumi, according to a company filing.
  • Less than two weeks after its Singapore branch issued a three year bond, Industrial and Commercial Bank of China’s Hong Kong unit is now joining the fray with an identical transaction.
  • China's central bank and finance ministry are set to reach an agreement over accounting rules for Panda bond issuers, according to a senior figure at the bank.
  • Parag Milk Foods has priced its Rp7.4bn ($110.8m) Indian IPO at the bottom of revised guidance after having to extend the subscription period by three days to fill a gap in the institutional investor portion of the deal.
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