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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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Citi veteran David Ratliff has resigned as Asia Pacific head of the public sector group, according to an internal memo seen by GlobalCapital Asia.
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HSBC has made a series of senior appointments in India, including promoting Hitendra Dave to head of global banking and markets for the country.
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Two pre-IPO investors in IMAX China have raised HK$940bn ($121.2m) after offloading just under half of their holdings in the company. But in an unusual approach, the shareholders executed the sale nearly three weeks before their original lock-up periods were set to expire.
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Russia is making preparations to sell an offshore renminbi bond, its debut in the currency and the government’s first international bond since 2013. But with sanctions still in place and renminbi liquidity limited in Russia, the sovereign is planning to ask China to relax one of its outbound investment schemes so that mainland investors can buy the deal.
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China's Fosun International is planning to spin off and list wholly-owned insurance subsidiary Ironshore, according to a filing with the Hong Kong Stock Exchange.
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Latin America development bank Corporación Andina de Fomento (CAF) has made its fourth outing in the Australian dollar market.
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