Banks

Casino operator Wynn Macau is set to close a new loan of around $1.5bn with a small club of banks.

ANZ has promoted veteran banker Farhan Faruqui as its new chief financial officer.

Thailand’s Gulf Energy Development Public Co has cancelled its mega loan for the acquisition of Intouch Holdings after the tender offer result fell short of expectations, dealing a blow to Asia’s syndication market.

Industrial and Commercial Bank of China has added Vicky Chan, a loans banker from China Construction Bank, to its team following a restructuring of its origination and distribution business.

"We want to use this change of structure and these new leadership roles to foster this multi-product solutions mentality," Pete Mason tells GlobalCapital

FastBall Holdings, the investor consortium led by KKR & Co, has reduced its stake in Flutter Entertainment by almost a third, raising £406m, after the Irish bookmaker reported strong six month results on Tuesday.

Swiss franc issuance is increasing following the end of the summer break, with bankers expecting a minimum of four deals to grace the market next week. Banque Cantonale du Valais and EGW looked to get in ahead of this rush with a pair of long dated transactions on Wednesday.

NatWest’s head of syndicated loans for EMEA, Jonathan Pughe, is set to leave his post at the end of September as part of the continuing restructuring of its investment banking division.

A pair of banks moved the bar downwards as they printed two of the tightest Australian dollar deals since the 2008 financial crisis: ING Australia found demand for dual tranche covered bond, while United Overseas Bank tapped the three year point of the curve.

Trionista TopCo, a German sub-metering provider, launched a €200m sustainability-linked Schuldschein on Tuesday.

Deutsche Bank has enhanced the roles of several senior investment bankers in EMEA as it looks to sharpen its focus on cross-border advisory and sector coverage in the region.

Mainland China’s sustainable bond market has gone from strength to strength recently, with issuers and investors finding new opportunities and embracing international standards.