Bank of America

Chinese electric car maker Nio launched its US IPO, looking to pocket up to $1.3bn amid strong interest from investors for stocks in the sector.

The autumn term has definitely begun in Europe’s corporate bond market. BMW and Daimler, which launched deals last week, may have been the scholarship swots who returned extra-early, but this week the whole sweaty gang of issuers is back en masse, and making plenty of noise.

UBS has hired Boyang Liu as an associate director on the debt origination team.

The US corporate bond market slowed to a trickle this week with just a handful of smaller deals as desks thinned out ahead of the Labor Day holiday.

Cable company Comcast has given Sky shareholders longer to respond to its debt funded acquisition offer, after a negligible acceptance rate at the original deadline.

The Hong Kong bourse saw a raft of IPO filings this week, as issuers made a beeline for what could be a bumper September for new share sales.

The pipeline of Asian IPOs headed for the US is shaping up for September, with the latest crop of issuers all starting to drum up investor interest.

Telecommunications software provider AsiaInfo Technologies is lining up a Hong Kong IPO of around $300m, having filed a draft prospectus with the city’s stock exchange on Monday.

Chris Munro, co-head of leveraged finance for Europe, Middle East and Africa at Bank of America Merrill Lynch, is leaving London to take up a new role as the bank’s sole global head of leveraged finance in New York.

KBS Realty Advisors is preparing to float its second Reit in Singapore backed by US commercial properties, bankers close to the deal said.

Chinese mobile internet company CooTek is planning a $100m IPO of American Depository Shares (ADS), according to a draft prospectus filed with the US Securities and Exchange Commission on Thursday.

The US corporate bond market continued at a strong pace this week, ignoring the lure of the beach that sees its European counterparts' new issue flow slow to a standstill in August. More than $22bn of bonds were sold in the first three days of the week and around half of that was raised by United Technologies Corp.