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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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Philippine property developer DM Wenceslao and Associates started gauging investor appetite for its $150m-$200m IPO on Friday as it gears up to become the biggest listing in the country this year.
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Carsten Stoehr, who's been with Standard Chartered since April 2012 in various senior positions, has left the bank.
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Deutsche Bank has promoted James McMurdo as its head of corporate and investment banking for Asia Pacific, as part of a wider reorganisation of the firm’s global business.
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Deutsche Bank on Thursday priced its latest Samurai deal well wide of its last effort as investors continued to digest its restructuring, while wild swings in the basis swap between yen and dollars buffet other potential issuers in the format.
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National Australia Bank printed a €750m seven year covered bond on Monday. But the deal didn’t fly off the shelf, even though it offered a substantial premium to other Australian covered bonds. The lack of European Central Bank repo eligibility and slackening demand in the seven year area was blamed.
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Bank of Georgia completed the IPO of its healthcare subsidiary on Monday, as it successfully priced the deal, although at a price much below what it had hoped for.
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