Bank of America

Royal Dutch Shell’s £47bn takeover offer for BG Group may bypass the public equity capital market — at any rate, no public issue has been mentioned to finance the £13.1bn cash element of the purchase price. But Shell has raised its asset disposal target for 2016-18 to $30bn.

The Korean DCM market is finally showing some signs of life, with Shinhan Bank opening books for a dollar denominated bond on April 8. Even though the Korean lender is expected to print a deal of only $350m-$500m, market observers are still excited by its appearance as it could be the first of a long list of names.

Noble Group, a commodities supplier, has launched into general a $2.25bn financing that is being led by a 15-strong group of banks.

More US companies are expected to issue in Europe's high yield market in the coming months, bankers say, attracted by the euro's record low interest rates.

This has been the busiest first quarter ever for equity capital markets globally, driven by record activity in Europe, the Middle East and Africa and a near-record output in the Americas, writes Jon Hay.

RBS IB boss quits — BAML hires corp DCM head — Lloyds adds to loans push — Barclays poaches Meyers for ECM

UK energy company Centrica has sold its first hybrid bonds, as prospects for issuance of the subordinated instruments remains strong.

Shawbrook, the UK challenger bank, received strong domestic and US demand for its £217.5m London IPO, and rose 6% on Wednesday, its first day of trading.

Shawbrook, the UK challenger bank, jumped 6% this morning in the first few minutes of trading, after raising £217.5m from its initial public offering in London.

Efforts by China’s top regulators to promote the inclusion of the renminbi into the International Monetary Fund's Special Drawing Rights (SDR) basket may have paid off. Analysts at Bank of America Merrill Lynch think the move is likely to happen and estimate the RMB's potential weighting to be 13%.

France's Veolia Environnement has issued a 12.8 year bond as part of a liability management exercise.

Tata Motors will open books on its nine-for-109 rights issue next month signing up a whopping nine banks to lead the deal. If the issue raises the targeted Rp75bn ($1.2bn) it will rank as India’s second largest ever rights issue.