Banks
-
CLSA’s chief executive officer, Jonathan Slone, has resigned after more than three decades at the firm. His departure comes just two weeks after the bank’s chairman quit.
-
GlobalCapital announced the winners of its 2018 Equity Capital Markets Awards at our annual Awards dinner in London on Tuesday night. Adyen, Knorr-Bremse, Netcompany and Neoen were among the deals that won prizes as company founders, CFOs and senior managers mingled with leading investment bankers.
-
The European corporate bond market’s charmed life continued on Tuesday, as if the intensifying crisis of Brexit was just a dream. Two triple-B issuers and one single-A all found the same deep demand that has greeted every deal for the past few weeks.
-
Rabobank has appointed Thomas Levin as a senior coverage banker, joining from Mizuho.
-
Bank of America, Goldman Sachs and Nordea launched a refinancing deal for specialty chemicals firm Perstorp Holding, a Swedish-headquartered PAI Partners and Landmark Partners portfolio company.
-
Sachin Goel has left Royal Bank of Canada to join Millennium Management as an assistant portfolio manager, GlobalCapital understands.
-
Bankers away from Andalusia’s 10 year euro benchmark are heaping praise on the trade, which was priced on Tuesday.
-
The UK financial regulator has fined UBS a record £27.6m for misreporting transactions, in breach of the European Market in Financial Instruments Directive (MiFiD).
-
The State of North-Rhine Westphalia received a rapturous reception from investors for the syndicated reopening of its century bond on Tuesday, allowing it to print over five times the initial target size.
-
Roman Abramovich let a consortium of three Russia oligarchs in a £151m selldown of shares in Evraz, the London-listed Russian steel and mining company on Monday night.
-
Stadler Rail, the Swiss train maker, is gearing up for an IPO on the SIX Swiss Exchange in April, having filed an intention to float document on Tuesday.
-
Citigroup’s new operations in Frankfurt are designed to help it continue offering services for clients after Brexit, and it is moving around 80 staff from London. It is one of a number of big US banks to expand in the German city.