Banks

DBS has teamed up with Singapore-based Impact Investment Exchange to set up a $100m Women’s Livelihood Bond Programme.

For its investment in technology, focus on risk management and hedging, the completeness of its franchise and the judicious use of its own balance sheet, JPMorgan is GlobalCapital’s Derivatives House of the Year. It also wins the awards for Equity Derivatives House of the Year and FX Derivatives House of the Year.

For a team structure that combines sector and technical expertise with local relationships enabling it to deliver innovative derivatives solutions for clients around the world, Société Générale wins GlobalCapital’s Corporate Solutions House of the Year award.

GlobalCapital is delighted to announce the winners of its 2018 Global derivatives awards, which were unveiled at the Jumeirah Carlton Tower in London on Tuesday September 25.

Chinese scooter maker Niu Technologies is planning to float on the Nasdaq for up to $150m, filing a prospectus with the US regulator on Monday.

Ganfeng Lithium is enticing investors to its HK$5.3bn ($678.9m) Hong Kong IPO by pitching it at a juicy discount of as much as 55% to its Shenzhen-traded shares.

Andrea Orcel, former chief executive of UBS Investment Bank, has been named Santander’s group CEO from early 2019. It’s the ultimate client-side move for Europe’s top FIG banker.

The authors of the controversial mutiny memo at HSBC have understandable frustrations, but their tactics leave something to be desired. The bank’s new chief executive will have to take their concerns seriously and act to restore confidence, but cannot manage HSBC on the basis of anonymous comments about its senior executives. If corporate finance at the bank does need fixing, this will have to wait.

Canada should have thought twice before stripping banks of their ability to use senior debt as an ordinary funding tool.

ADO Properties is seeking to raise Schuldschein debt, a month after shelving a eight year public bond after a high profile bribery case in Israel implicated its chairman.

Blackstone braved a difficult equity blocks market on Monday night to sell an 8.3% stake in Intertrust, the Amsterdam-based provider of trust and fiduciary services, for €120m.

NRW.Bank hit screens on Tuesday for its first dollar benchmark of the year, ahead of what will be a closely watched Federal Open Market Committee meeting on Wednesday.