Banks

Allied Irish Banks has bought around €4.2bn of performing corporate and commercial loans from Ulster Bank, marking a major step in the NatWest-owned Ulster Bank’s withdrawal from the Republic of Ireland.

Citi named on Monday who will be chairman and co-heads of its banking, capital markets and advisory division for the UK and Ireland.

Chinese biotechnology company Keymed Biosciences has hit the market with an up to HK$3.1bn ($400.1m) IPO.

Chinese online grocer Missfresh saw its share price sink on its trading debut, after it priced its Nasdaq IPO at the bottom of the marketed range.

Zhongyuan Yuzi Investment Holding Group Co has become the first Chinese local government owned firm from Henan to price an offshore bond since the high-profile default of another issuer from the same province last November.

Genertec Universal Medical Group, a Hong Kong-listed healthcare services company, has received strong response during syndication for its latest loan.

Citi has appointed two co-heads of EMEA consumer products investment banking in London and a head of global luxury investment banking in Milan.

Greenvolt, the Portuguese biomass energy operator, is preparing to go public on the Lisbon stockmarket, having announced its intention to float this week.

Singapore's DBS Bank has launched a digital bond issuance platform featuring software from Nivaura that will allow issuers to launch deals at the click of a button.

Erste Bank’s Croatian subsidiary will sell its first euro denominated preferred senior note next week, which it will count towards its minimum requirement for own funds and eligible liabilities (MREL).

National Australia Bank has mandated leads for the first Australian covered bond in euros for over two years. With redemptions outstripping supply this month, the NAB deal could be the beginning of a spurt of issuance.

Could San Francisco-headquartered Wells Fargo crack EMEA DCM? Its latest hire suggests that it is about to have a swing at it.